An investment banker from Georgia named Aubrey Lee Price has resurfaced in the media after almost ten years with the ABC series The Con putting out a story based on the fraudster.
Aubrey was a well-reputed man who decided to embezzle millions of money and fake his death to escape the situation after being caught.
So let us have some basic knowledge about the investment fraudster who got caught in December after faking his death and what led him to this point.
Who Is Aubrey Lee Price? Wikipedia Bio: From Pastor To Fraudster
Aubrey Lee Price was an investment banker who worked at the Montgomery Bank and Trust in Georgia, where he started a Ponzi scheme and embezzled around $70 million.
The banker was originally a Pastor, a man of God in the 1990s working at a Baptist church in Georgia. Lee graduated from a baptist college named Brewton-Parker College with a bachelor’s degree in Ministry in Mount Vernon.
Later he started working as an investment advisor in his investment firm and started a Ponzi scam, tricking the Montgomery Bank and Trust and many other investors out of around $70 million.
He was caught for his embezzlement and arrested on fraud charges but soon became a fugitive after trying to fake his death by jumping off a ferry in Key West, Florida.
His attempt to fake his death was compelling as he wrote a suicide letter admitting his wrongdoing in June 2012, sent it to his friends, and jumped off the boat, missing for almost 18 months.
During his time as a dead man, he admitted to working as a drug runner, pimp, and cage fighter, but the cops found and arrested him in late December 2013.
Age Of The Banker Revealed
Aubrey Lee Price was born on July 31, 1966, making him 55 years of age on the current date. Price was born and raised in a catholic community in Georgia and grew up as a pastor working at a small church in his local town.
Throughout his mid-twenties, Price preached the word of God being loved and respected in his community by the people.
However, in his forties, he decided to run a long con, opening his investment firm and tricking people into investing in his firm.
The police caught the fraudster banker in 2013, and the court sentenced him to 30 years of prison at the age of 48, where he admitted to his fraud crimes but asked for leniency, claiming he was a victim too.
At 55 years of age, Aubrey Lee Price is at the Federal Correctional Institute in Florida, with the sentence set to release him in 2035.
Is Aubrey Lee Price Married? Wife And Family Members Explored
Aubrey Lee Price was married to his wife, Rebekah Price, and had a happy little family with her when he got arrested on fraud charges.
Aubrey was born in a Christian family to parents Jim Price and Barbara Price in Georgia. Price had his own little family with his beautiful wife, a teacher at Bradenton Christian School during the fraud.
The Price couple had four children; two sons and two daughters, who are now adults. Nathanael is his oldest son, who is now 29 years of age, and Samuel is 26.
His daughters Hannah and Esther are 27 and 22 years old, respectively, and after their father attempted to fake his death, their relationship is not that good.
Salary Of The Fraudulent Banker
Aubrey Lee Price embezzled an estimated $70 million from the Montgomery Bank and Trust in Georgia and many others who invested in his firm.
The court ordered him to forfeit $51 million to pay restitution to the victims of his fraudulent scheme, but he claimed to be a victim himself of another friend of his.
Currently, he is serving time for his crimes, so he does not have a source of earnings and won’t be out for the next 13 years.