In this May 2009 photo provided by Miriam Ungar, Jacob Ostreicher is seen in Brooklyn, New York. On paper at least, growing rice in Bolivia's fertile eastern lowlands seemed like a terrific investment... more 
In this May 2009 photo provided by Miriam Ungar, Jacob Ostreicher is seen in Brooklyn, New York. On paper at least, growing rice in Bolivia's fertile eastern lowlands seemed like a terrific investment to Jacob Ostreicher, an orthodox Jew from New York City, and his Swiss partner. The land was a bargain, the labor dirt cheap. They figured they could double their $25 million investment in less than five years. And they could run it remotely; they had a very capable local agent. Or so they thought. The grand scheme became a nightmare. Ostreicher has been stewing for more than 11 weeks in an overcrowded, notoriously unruly Bolivian prison in the eastern provincial capital of Santa Cruz while authorities investigate him for money laundering. He is the victim, he and his associates say, of that local agent, a Colombian confidence woman who became entwined amorously and financially with a murderous Brazilian drug trafficker. (AP Photo/Courtesy of Miriam Ungar) less 
1 / 1
Associated Press | Photo By Courtesy of Miriam Ungar
Wed, Aug 24, 2011 2:01 PM EDT