Friday, January 16, 2009

SW Florida Broker Guilty In Commercial Land Flipping Deal; Allegedly Clipped Investors For Almost $3M

In Fort Myers, Florida, WINK News reports:
  • Guilty as charged -- that's the verdict a federal jury handed down in the case of Samir Cabrera. Jurors agreed that the Lee County land developer cheated his investors out of nearly $3 Million. He'd hoped to be a well-respected land developer. Instead, Samir Cabrera's failed projects will land him in prison. On Tuesday, the once-undecided federal jury wrapped up the week-long trial with a unanimous guilty verdict on all 11 counts against Cabrera.

For the stories, see:

For the indictment, see U.S v. Cabrera.

Go here for earlier posts on this story.