Investment adviser Aubrey Lee Price sentenced to 30 years in prison

Oct 28, 2014 - 14:11
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Investment adviser Aubrey Lee Price sentenced to 30 years in prison
Aubrey Lee Price

A former Georgia investment adviser who vanished after losing millions of clients' dollars and was mistakenly declared dead has been sentenced to 30 years in prison.

Aubrey Lee Price was sentenced by a federal judge Tuesday in Statesboro. The 48-year-old former fugitive pleaded guilty in June to three counts of fraud. Prosecutors say he misspent, embezzled and lost tens of millions of dollars belonging to investors and the Montgomery Bank & Trust, which closed soon after Price went missing in June 2012.

Price also was ordered to pay millions in restitution.

Price left letters hinting at suicide, and a Florida judge ultimately declared him dead. But last December he was captured alive in a routine traffic stop.

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Mike Gallagher Mike Gallagher is a Georgia-based freelance journalist covering local news, community developments, and regional issues that matter most to residents across the state. Writing for Georgianewsday.com since 2016, Mike has built a reputation for clear, balanced reporting and a strong connection to the communities he serves. His work spans city council decisions, school board updates, small business features, public safety reports, and statewide policy changes. In addition to local coverage, Mike occasionally reports on state politics and national headlines, offering readers context on how broader decisions impact Georgia communities. Known for his steady, fact-driven approach, Mike prioritizes accuracy, fairness, and accessibility in every story. Whether covering a town hall meeting or breaking political developments, he aims to inform readers with clarity and integrity. Outside the newsroom, Mike remains actively engaged in Georgia’s civic landscape, always seeking the next story that shapes the state’s future.