facebook
twitter
rss
account
search
search
 

Georgia banker says he's innocent of embezzling, will remain in jail

Jan. 8, 2014 at 2:35 PM   |   Comments

STATESBORO, Ga., Jan. 8 (UPI) -- A former bank director, indicted for allegedly embezzling more than $21 million, was ordered to remain in jail after a hearing Wednesday in Statesboro, Ga.

Aubrey Lee Price, 47, appeared before a federal magistrate and pleaded not guilty to the charges, the Atlanta Journal-Constitution reported Wednesday.

He is accused of bank fraud involving the failed Montgomery Bank and Trust Co of Ailey, Ga., and of defrauding clients in his investment advisory business. Price is separately under indictment in New York on a federal wire fraud charge, and authorities are determining his involvement in a marijuana grow house in Florida on land he rented.

Price was missing for 18 months after suggesting he would kill himself. He was captured New Year's Eve in Brunswick, Ga.

Topics: Marijuana
© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Great white shark circling surfers photographed by drone Great white shark circling surfers photographed by drone
2
Poland buys medium-range missiles from U.S. Poland buys medium-range missiles from U.S.
3
Watch: News anchor resigns live on-air to sell pot, '[Expletive] it, I quit' Watch: News anchor resigns live on-air to sell pot, '[Expletive] it, I quit'
4
Louisiana judge rules state's gay marriage ban is unconstitutional Louisiana judge rules state's gay marriage ban is unconstitutional
5
Arrest warrant issued for 'person of interest' in missing UVA student case Arrest warrant issued for 'person of interest' in missing UVA student case
Trending News
Video
x
Feedback