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Iranian billionaire sentenced to death

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FBI, Glynn County Sheriff’s Department via AP

Aubrey Lee Price in two FBI photos and in a booking shot from the Glynn County Sheriff’s Department.

By Gil Aegerter
Staff Writer, NBC News

A former banker accused of faking his own death in 2012 to cover up the theft of millions of dollars has been arrested after a traffic stop in Georgia, authorities said.

Aubrey Lee Price, 47, was arrested on Tuesday after Glynn County sheriff’s deputies stopped him on Interstate 95 in Brunswick, Ga.,  and discovered his identity, NBC station WXIA of Atlanta reported. Heavily tinted windows in a 2006 Dodge Ram pickup truck were his downfall, according to the Florida Times-Union.

Price was wanted in connection with an investment scheme in New York in which he is alleged to have stolen millions between January 2011 and January 2012, the FBI  said. He was accused of moving $21 million into accounts to hide his thefts and losses from investments and trading when he was a director of a southern Georgia bank.

He was last seen in Key West, Fla., on June 16, 2012, boarding a ferry for Fort Myers after telling acquaintances in a letter that he had lost a large amount of money in his trading and planned to kill himself by jumping overboard, according to the FBI and an indictment. He was charged with wire fraud on June 28, 2012.

The FBI said he had ties to Florida and to Venezuela and Guatemala, and the indictment states that some of the losses occurred on investments in South America.

He was due for a court appearance Thursday at the federal courthouse in Brunswick, Georgia, NBC station WBBH of Fort Myers reported. He could face up to 30 years in prison, WBBH reported.