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Investment adviser, former fugitive gets 30 years in prison
Man, wrongly declared dead, pleaded guilty to federal fraud
Aubrey Lee Price
STATESBORO, Ga. (AP) — Nearly two years after a banker who vanished was wrongly declared dead, he was sentenced Tuesday to 30 years in prison as he faced angry investors who lost millions of dollars entrusted to the former preacher who turned his persuasive powers into a career as an investment adviser. Aubrey Lee Price, 48, fled southeast Georgia in summer 2012 after committing acts of fraud that consumed most of the $40 million he raised from 115 clients and left the small Montgomery Bank & Trust, where Price served as a bank director, depleted of its assets and reserves. The bank closed several weeks later.
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