Prosecutor: Plea deal reached with banker who vanished after losing millions in investor cash

  • by: RUSS BYNUM , Associated Press
  • Updated: June 3, 2014 - 3:30 PM

STATESBORO, Ga. — A former southeast Georgia banker accused of embezzling and losing $21 million of investors' money, then vanishing for 18 months before he was arrested in a traffic stop, has agreed to settle his case with a plea deal, a federal prosecutor said Tuesday.

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