03.07.2012 SEC freezes the assets of investment adviser who disappears in Georgia
Bailey McCann, Opalesque, New York: The Securities and Exchange Commission (SEC) has frozen the assets of an Georgia-based investment adviser who has disappeared after orchestrating a $40m fraud. The SEC alleges that Aubrey Lee Price raised money from more than 100 investors living primarily in Georgia and Florida by selling shares in an unregistered investment fund (PFG) that he managed.

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