Development Addict

You gotta read the whole Denver Post story about a man who, in spite being a felon already and  presently indicted awaiting a summer trial, is still engaging in the behavior and profiting from it. 

Drugs?  No.  Land speculator and developer.    

The 60-year-old real estate guru has been twice convicted of felonies over his long career.  But now he faces 67 more counts in the collapse of Mile High Capital, the Denver-based real estate investment firm he founded. Mile High reportedly collected about $44 million from 882 investors across the nation — and then filed bankruptcy.

Out on $250,000 bail, Dryer continues his work as a persuasive real estate guru. He has been working as a consultant to a Charlotte, N.C.-based company called Convergent Acquisitions & Development Inc., which peddles "non-owner occupied" investment properties.

"I can't believe he's still on the street," said Harold Ellerington, a Denver-area resident who claims he lost $250,000 of his retirement savings at Mile High. "I guess the bail was too low. . . . He's like a drug addict. He just can't help himself."