BRUNSWICK, Ga. - A south Georgia bank director accused of losing millions of investor dollars before vanishing last year was arrested Tuesday.
The U.S. attorney's office in Savannah says 47-year-old Aubrey Lee Price was arrested during a traffic stop on Interstate 95 in Brunswick by members of the Glynn County Sheriff's Department.
Price disappeared in June 2012 after sending a rambling confession letter to his family and investors saying he planned to drown himself off the Florida coast.
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.
The man the FBI has wanted since July 2012 was arrested on New Years Eve by the Glynn County Sheriff's Office during a routine traffic stop on Interstate 95.
Prosecutors say Price raised $40 million from his bank and 115 investors, and lost much of the money.
Bank fraud carries a maximum sentence of 30 years in prison and a fine of up to $1,000,000. Price faces additional charges in New York.
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