Dead or alive? FBI hunts Georgia banker accused of embezzling millions

The FBI is offering up to $20,000 for information leading to the arrest of a Georgia banker who disappeared in June along with millions of dollars in bank funds.

Authorities are looking for Aubrey Lee Price, who went missing June 16. He is wanted for wire fraud. Before Price, disappeared, the FBI said he told acquaintances "he had lost a large amount of money through trading activities and that he planned to kill himself."


Price was responsible for investing approximately $17 million for the Montgomery Bank & Trust in Ailey, Ga., about 170 miles southeast of Atlanta.

The U.S. Attorney's Office complaint claims that Price instead wired the money to accounts he controls at other banks. Price allegedly also tried to fool the bank by giving altered documents to management.

Price, 46, was last seen getting on a ferry boat in Key West, Fla., en route to Fort Myers, Fla.

Though Price claimed in notes to friends that he intended to kill himself, NBC-2.com reported that the Coast Guard has not found his body and the FBI believes he's still alive.

Price has connections in not only Florida, but also Georgia, and may travel to Guatemala or Venezuela, according to the FBI.

Those with any information about this case or Price's whereabouts are asked to contact the FBI.

Last Friday, the Georgia Department of Banking and Finance closed the bank and the Federal Deposit Insurance Corporation (FDIC) was named "receiver." The two branches of the Montgomery Bank & Trust were set to be reopened for customers on Monday, under Ameris Bank.

Follow US News on msnbc.com on Twitter and Facebook

 

Discuss this post

Under deregulation nothing is crime as you join the weathy class, but be wary you might have not escaped all the taxes.

  • 2 votes
Reply#1 - Mon Jul 9, 2012 7:41 PM EDT

FBI..here's a hint ;) ;)....check out the Cayman Islands or the Maldives Islands.

  • 3 votes
Reply#2 - Mon Jul 9, 2012 8:05 PM EDT

Gee, imagaine that. A banker who embezzled funds and then ran away. Who woulda thunk it.

Oh...I see...he's from Georgia. Poor guy. If he was a Wall Street banker he'd be home free. And rich to boot.

If you're a banker on Wall Street you can probably get away with murder. I'm surprised some of them haven't tried it yet.

  • 4 votes
Reply#3 - Mon Jul 9, 2012 9:07 PM EDT

What? A "job creator" getting greedy and bilking millions from others? Nah, can't be...

  • 5 votes
Reply#4 - Mon Jul 9, 2012 10:40 PM EDT

gemininimeg,

You are right on the money. There really isn't much difference in the moral characters of the Wall St. bankers and this Georgia banker. But this Georgia guy only looted one bank and will go to jail if he's caught, whereas the Wall St. types got away (and continue to get away) with looting the entire U.S. economy scot-free.

  • 2 votes
Reply#5 - Tue Jul 10, 2012 1:19 AM EDT
mandy776Deleted

Be on the lookout for a guy with a black tophat, a monocle, and a canvas bag with a dollar sign on it.

  • 1 vote
Reply#7 - Tue Jul 10, 2012 8:25 AM EDT

Good for him. I hope he gets to live happily ever after. Since I have nothing but tax increases for the rest of my life to support a Government machine who could care less about the tax payer I am happy if someone can stick it to them.

  • 2 votes
Reply#8 - Tue Jul 10, 2012 9:12 AM EDT

Would it be too much to ask for a picture? How can we be on the lookout for him if we don't know what he looks like?

  • 1 vote
Reply#9 - Tue Jul 10, 2012 9:13 AM EDT

Would it be too much to post a picture of this guy? How am I going to claim my $20,000 reward if I don't know what he looks like?

    Reply#10 - Tue Jul 10, 2012 9:17 AM EDT

    I wonder why there is no picture? Hmmmmmm? We see pictures everyday of alleged perps of street crimes. Hmmmmm?

    • 1 vote
    Reply#11 - Tue Jul 10, 2012 10:28 AM EDT

    get Dog on the job...

      Reply#12 - Tue Jul 10, 2012 1:38 PM EDT

      Hey FBI, as you are on the lookout for him because he stole millions. Why don't you go after the Federal Reserve because they said they misplaced or lost over 9 TRILLION and we the people have to pay it back. How the hell can anybody lose or misplace 9 Trillion. You can't because the truth is they stole it. Why haven't they been arrested. Why hasn't some of the Pentagon been arrested because they say they lost 2.8 Trillion. OH that's right the government and a private bank (Federal Reserve) are beyond the laws. These corrupt pieces of $417 will have their day but judgement comes and sometimes it is silent.

      • 2 votes
      Reply#13 - Tue Jul 10, 2012 3:26 PM EDT

      Exactly Kelly, when the number is too big people tend to ignore the situation and concentrate on smaller numbers they can grasp better. Sometimes I think our government is running the largest Ponzi Scheme ever, and use the Taxpayer as toilet paper to wipe the problem away.

        #13.1 - Tue Jul 10, 2012 3:58 PM EDT

        There was a news release on 9/10/2001 and we all know what happened the next day.

          #13.2 - Tue Jul 10, 2012 4:29 PM EDT
          Reply

          gasp... someone stole money.. no way!!!

            Reply#14 - Wed Jul 11, 2012 1:41 PM EDT
            You're in Easy Mode. If you prefer, you can use XHTML Mode instead.
            As a new user, you may notice a few temporary content restrictions. Click here for more info.