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Wednesday, July 11, 2012 - 3:56am

Bank Director Embezzles, Disappears

Updated: 2 years ago.
In a rambling confession investigators believe Aubrey Lee Price wrote, he claims responsibility for his bank's losses and alludes to plans to kill himself. Investigators believe he embezzled $17 million, but don’t know if he’s dead or on the run. (Photo Courtesy of Zack McCarthy via Flickr.)

Investigators are trying to determine whether a missing south Georgia bank director accused of embezzling $17 million is dead or on the run.

Aubrey Lee Price disappeared last month. He sent notes to his family saying he planned to board a ferry in Florida and jump to his death. In a rambling confession investigators believe Price wrote, he claims responsibility for his firm's losses and alludes to plans to kill himself.

His body hasn't been found. Investigators believe he may be on the run with millions in investor money. They've offered $20,000 for information leading to his arrest.

The FBI and federal prosecutors said Price embezzled $17 million in bank funds. The Securities and Exchange Commission has filed a complaint in federal court in Atlanta saying he defrauded investors.

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