AmeriFirst Exec In Contempt For Selling Picture

Law360, New York (February 5, 2008, 12:00 AM EST) -- The managing director of disgraced securities company AmeriFirst Funding Inc. has been found in contempt for violating an asset freeze imposed after he was accused of conning elderly investors out of roughly $35 million.

Jeffrey C. Bruteyn was ordered on Friday by Judge Sydney A. Fitzwater of the U.S. District Court for the Northern District of Texas to return $7,000 and a BMW to a court-appointed receiver. Fitzwater also found Bruteyn's mother, Lois Whitcraft, and his former attorney, Phillip W. Offill, in contempt, and he ordered...
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