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Former Georgia banker charged with stealing millions pleads not guilty

4:29 PM, Jan 8, 2014   |    comments
Photo courtesy WSAV
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An attorney representing Aubrey Lee Price entered a not guilty plea this morning. Price is charged with bank fraud for allegedly embezzling 21 million dollars from a bank in Ailey, Georgia.

He faked his death in 2012 and was arrested last week after a traffic stop in Brunswick. The man who allegedly took millions more from investors has told the court he has no money for an attorney and one has been appointed for him.

A family friend, Dustin Tapley who is a lawyer appeared on Price's behalf last week in court saying Price's father had called him. Tapley however says he cannot continue to be lead counsel. Tapley did tell reporters that he had known Price much of his life and that the facts in this case will ultimately be "much different than what has been reported in the news."

Meanwhile, several investors who say they lost tens of thousands in Price's private investment company were in court. Jimmy Newsome says his daughter in law in Atlanta lost much of her life savings. Newsome said if he could ask Price just one question it would be "where is the money?"

Newsome told reporters he could not imagine anyone who would "do this to other people."  He says Price should receive the maximum sentence allowed under the law."

COMPLETE COVERAGE:
Aubrey Price appears in federal court, living space raided
Banker tells cops family didn't know he was alive
Missing banker accused of embezzlement caught in traffic stop

WSAV

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