Price Assets Frozen

A federal judge in Virginia this week ordered a freeze on all assets of the developer of a massive Billings mansion on the grounds that he defrauded multiple investors of nearly $18 million. 38-year-old Larry Price Jr. allegedly engaged in financial transactions for personal gain while raising money to build the 26,000-square-foot mansion in the Ironwood subdivision on Billings West End. Court documents list 15 banks where Price’s assets are frozen, including Stockman Bank and Rocky Mountain Bank in Montana.