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"It's called Affinity fraud. By 2001, price had become a director of Montgomery bank and Trust in in Ailey, Georgia, and he was well liked and trusted by clients and colleagues. He managed two investment funds and attracted approximately $51 million from about 115 investors. Many of these clients were retirees who had spent decades saving for their futures and placing their faith and their life savings into Price's hands. Behind the scenes, he was orchestrating a classic Ponzi scheme."