independent and unofficial
Prince fan community
Welcome! Sign up or enter username and password to remember me
Forum jump
Forums > General Discussion > Investment adviser sentenced to 30 years in prison
« Previous topic  Next topic »
  New topic   Printable     (Log in to 'subscribe' to this topic)
Author

Tweet     Share

Message
Thread started 10/28/14 1:58pm

Graycap23

avatar

Investment adviser sentenced to 30 years in prison

People like this can't be punished enough:

Aubrey Lee Price photo
Aubrey Lee Price

STATESBORO, Ga. —

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.

http://www.wsbtv.com/news/news/local/investment-adviser-sentenced-30-years-prison/nhtCP/

FOOLS multiply when WISE Men & Women are silent.
  - E-mail - orgNote - Report post to moderator
Reply #1 posted 10/30/14 1:17pm

kpowers

avatar

I never understand why people would steal millions of dollars from investors. If you take some one's life savings they will come after you. Now this guy was forced to pretend hew was dead, always fearing that the law would catch up with him (which they did). Now he's in prison for 30 years....hope it was worth it wave

[Edited 10/30/14 13:18pm]

  - E-mail - orgNote - Report post to moderator
  New topic   Printable     (Log in to 'subscribe' to this topic)
« Previous topic  Next topic »
Forums > General Discussion > Investment adviser sentenced to 30 years in prison