|KATE BRUMBACK, Associated Press|
Now local and federal investigators are trying to determine whether
"My depression and discouragement have driven me to deep anxiety, fear and shame. I am emotionally overwhelmed and incapable of continuing in this life," says the confession letter investigators believe was written by Price.
"I created false statements, covered up my losses and deceived and hurt the very people I was trying to help," the letter says.
Price apologizes at the beginning of the confession for its "lack of structure, grammar and harmony of thought." Indeed, it wanders from one subject to the next and back again and is sprinkled with grammatical errors and Bible verses. It includes claims that Price is solely responsible for the banking losses; apologies to his clients, associates and partners; claims that banking was never his area of expertise and that he got bad advice; some blame for regulators and other outside forces; repeated mentions of the stress and anxiety he says he has felt for months; and many allusions to his apparent intent to kill himself. The confession also denies that any money was stolen, saying it was all lost through bad investments.
Price left his home in south
Credit card records show he purchased dive weights and a ferry ticket. The ferry ticket was scanned at the boarding point, but that's where the trail runs cold, Pritchett said.
Price has said he owns real estate in
Price became director of
Instead of investing the bank's money, authorities say Price wired the funds into accounts he controlled at other financial institutions and provided bank managers with fraudulent documents.
An associate told an
"He should have won an Oscar for his performance that day," she said. "He has left a path of financial carnage."
The 46-year-old from
Cross said she is shocked and devastated by the loss of her savings. She owns a food truck that sells arepas, stuffed cornmeal patties popular in some South American countries, but said she will have to sell the truck because she needs the money to live. She can't afford to hire a lawyer and said she doesn't know what she's going to do next.
Relatives of Price and several of his associates mentioned in court documents did not return calls seeking comment. A manager at the bank he directed, which has been purchased by another bank and reopened this week under a different name, said he couldn't comment, citing the ongoing investigation.
Price lived with his wife and children in
Pritchett calls the case interesting and peculiar but wouldn't speculate on whether Price is still alive.
"Until we have a body, it's kind of hard to say," Pritchett said. "It's almost like a novel."
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