Jury Convicts AmeriFirst Principal Of Fraud

Law360, New York (April 14, 2010, 5:41 PM EDT) -- A federal jury on Wednesday convicted Jeffrey C. Bruteyn, formerly the managing director of the now-defunct Dallas-based AmeriFirst Funding Corp. and AmeriFirst Acceptance Corp., on charges stemming from his role in fraudulent securities offerings.

The verdict, in the U.S. District Court for the Northern District of Texas, capped a week-long trial before Judge Barbara M. G. Lynn in which Bruteyn represented himself.

The jury convicted Bruteyn, 40, of Dallas, on all nine counts of securities fraud as charged in an indictment returned by a grand jury...
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