It was a tale of two starkly different opening statements during Samir Cabrera’s first day in court. In a dry, halting and complex explanation of the fraud and money laundering charges against the 31-year-old Fort Myers real estate agent, federal prosecutors described a man who broke the trust of investors when he flipped two south Fort Myers properties without disclosing serious markups in the ...

Jan. 6 (Bloomberg) -- Working out of an Ameriprise Financial Services Inc. branch in Orlando, Florida, Christopher Coulther offered his clients a deal that was hard to resist. Promising a 100 percent return on Costa Rican real estate, he enticed 98 people to invest almost $12 million.

If you think it is hard to stick to your New Year's resolutions, consider how some of the investing world's leading experts don't always take their own advice.

Working out of an Ameriprise Financial Services Inc. branch in Orlando, Fla., Christopher Coulther offered his clients a deal that was hard to resist. Promising a 100 percent return on Costa Rican real estate, he enticed 98 people to invest almost $12 million.

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