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Just a plain old swindler, he hasn't eaten any people or live animals yet...I feel sorry for his wife and 4 children...
http://valdostadailytimes.com/local...ounty-investment-advisor-accused-of-40M-fraud
VALDOSTA — A nationwide search continues for an investment advisor with Lowndes County connections who is suspected of embezzling approximately $40 million.
The U.S. Securities and Exchange Commission announced Tuesday that it has obtained a court order freezing the assets of Aubrey Lee Price, 46, who has allegedly gone into hiding. He reportedly moved recently from Manatee County, Fla., to Lowndes County.
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“In order to conceal mounting losses of investor funds, Price created bogus account statements with false account balances and returns that were provided to investors and bank regulators,” the release continued.
Price has been missing since June 16. He was last seen aboard a ferry sailing from Key West, Fla., to Fort Myers, according to various media reports. Price’s possible whereabouts have also been linked to Venezuela.
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Other media reports stated that the Brooklyn U.S. Attorney’s Office has issued an arrest warrant for missing funds wired through a New York City bank and is not convinced that Price has committed suicide.
In addition, the SEC reported that Price sent a 22-page letter titled “Confidential Confession For Regulators — PFG, LLC, and PFGBI, LLC Summary” to individuals. In the letter, Price admits that he “falsified statements with false returns” in order to conceal between $20 million and $23 million in investor losses.
More at link.....
http://valdostadailytimes.com/local...ounty-investment-advisor-accused-of-40M-fraud
VALDOSTA — A nationwide search continues for an investment advisor with Lowndes County connections who is suspected of embezzling approximately $40 million.
The U.S. Securities and Exchange Commission announced Tuesday that it has obtained a court order freezing the assets of Aubrey Lee Price, 46, who has allegedly gone into hiding. He reportedly moved recently from Manatee County, Fla., to Lowndes County.
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“In order to conceal mounting losses of investor funds, Price created bogus account statements with false account balances and returns that were provided to investors and bank regulators,” the release continued.
Price has been missing since June 16. He was last seen aboard a ferry sailing from Key West, Fla., to Fort Myers, according to various media reports. Price’s possible whereabouts have also been linked to Venezuela.
------
Other media reports stated that the Brooklyn U.S. Attorney’s Office has issued an arrest warrant for missing funds wired through a New York City bank and is not convinced that Price has committed suicide.
In addition, the SEC reported that Price sent a 22-page letter titled “Confidential Confession For Regulators — PFG, LLC, and PFGBI, LLC Summary” to individuals. In the letter, Price admits that he “falsified statements with false returns” in order to conceal between $20 million and $23 million in investor losses.
More at link.....