Once-declared dead banker takes plea deal in fraud - WALB.com, South Georgia News, Weather, Sports

Once-declared dead banker takes plea deal in fraud

SAVANNAH, Ga. (AP) - In the past two years, a former investment adviser in Georgia has been a fugitive wanted on bank fraud charges, declared dead and captured alive.

Now it looks like his strange criminal case is coming to an end.

A federal prosecutor said in court Tuesday that 47-year-old Aubrey Price has agreed to a plea deal. A hearing is scheduled Thursday.

Price vanished in June 2012 after prosecutors say he lost millions of dollars belonging to investors and the Montgomery Bank & Trust. He wrote letters hinting he had committed suicide.

Six months after his disappearance, a judge declared Price dead at his wife's request. Price turned up during a traffic stop on New Year's Eve and has been in jail awaiting trial ever since.

Price's attorney declined to comment.

 

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed

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