Pa. man facing fraud charges in Texas

A Lancaster man already facing federal prison time is facing additional charges of defrauding investors in Texas and Florida of $55 million.

Jeffrey Bruteyn was sentenced Wednesday to 13 months in prison for making a false statement in a passport application.

The 38-year-old man’s sentencing Wednesday in Philadelphia comes a day after he was indicted in federal court in Texas on securities fraud charges.

Bruteyn ran Dallas-based Amerifirst Funding Inc., a finance company linked to used-car dealerships.

The Securities and Exchange Commission alleges Amerifirst sold $55 million of risky investments to senior citizens in Texas and Florida. The SEC says Bruteyn and others used the money on a private jet, trips, mansions and sports cars.

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