Missing banker indicted by grand jury


ATLANTA - A missing banker, whom federal agents believe faked his death, has been indicted by a grand jury.

Aubrey “Lee” Price told others he planned to commit suicide before he disappeared, according to the FBI. Agents believe he was running an investment scheme, and more than 100 investors in Georgia and Florida have said they were swindled out of millions. A federal grand jury in the eastern district of New York has now indicted him for security fraud and wire fraud, but he remains missing.

An arrest affidavit said Price told others he planned to kill himself off the coast of Florida by jumping off of a ferry boat, but the Coast Guard has yet to recover a body. This summer, authorities released photos of Price the day he disappeared arriving at the Key West, Fla., airport after a flight from Atlanta.

"Looks like a guy who's planned this. He's figured it out. He seems to be taking measures to conceal his identity, and he's got a bag he's towing behind him, might be packed with investor money, for all I know," an attorney for the alleged victims said at the time.

Experts questioned why a man about to kill himself might need a suitcase. Price also changed ball caps that afternoon.

A $20,000 reward is offered for information on his whereabouts. Agents are looking into whether Price may be in Venezuela, where he is believed to own property.

Channel 2 Action News

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