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This morning, U.S. District Court Judge B. Avant Edenfield sentenced Aubrey Lee Price—the Georgia pastor who became an investment adviser, then a banker, then a fugitive—to a maximum of 30 years in prison stemming from a Ponzi scheme that evoked comparisons to the one masterminded by Bernie Madoff. The amount of restitution Price will owe to those he swindled is still to be determined, though it will likely be in the $46 million range.
I can honestly say that I enjoyed the ten hours I spent mostly listening to him talk, and that I was genuinely moved by much of what he had to say about life, family and (occasionally) financial institutions. The details of his “departure,” as he called it, strained the limits of credulity, but the tears he cried behind bars, when he told me he’d probably never hug his children again, were as real as any I’ve ever seen.