Financier Bruteyn Loses Post-Trial Acquittal Bids

Law360, New York (November 19, 2010, 12:48 PM EST) -- A federal judge has tossed two motions for post-trial acquittal from Dallas financier Jeffrey Charles Bruteyn, convicted in April of bilking investors of more than $50 million by claiming to be an investment guru with a slew of degrees from august universities.

Prosecutors never agreed to abandon mail fraud charges against AmeriFirst Funding Inc. Managing Director Bruteyn and the jury did not overstep any bounds by convicting him of mail fraud charges, Judge Barbara M. G. Lynn of the U.S. District Court for the Northern District...
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