|Published:||Jan 02, 2014 5:33 AM EST|
|Updated:||Jan 02, 2014 5:33 AM EST|
BRUNSWICK, Ga. (AP) - A south Georgia bank director accused of losing millions of investor dollars before vanishing is set to appear in court.
The U.S. attorney's office in Savannah says 47-year-old Aubrey Lee Price is due to appear before a federal judge in Brunswick on Thursday. Price was arrested Tuesday during a traffic stop on Interstate 95 in Brunswick.
Price had disappeared in June 2012 after sending a rambling letter to his family and acquaintances saying he had lost millions of investment dollars and planned to kill himself.
A Florida judge declared him dead about a year ago. But the FBI had said it didn't believe Price was dead and continued to search for him.
Prosecutors say Price raised $40 million from his bank and 115 investors, and lost much of the money.
(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Early morning crash on US 41 kills pedestrian
- Man surrenders after stand-off in St. James City
- EPA safety testing closes Desoto Middle School today
- Interactive play to teach dangers of drug use
- Man accused of shooting neighbor's black Labrador
- Crash kills 3, injures 2 in central Fla.
- Bieber could get new trial date in Florida case
- Florida election a test for Obama health care law
- FMB holds election for Town Council members
- Injunction for husband of woman who drove in ocean