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Two former Nebraska City brokers, Rebecca Engle and Brian Schuster (former football fullback for Nebraska), accused of defrauding investors out of over $20 million will be brought to trial due to Gage County District Court Judge Paul Korslund’s decision that prosecutors have enough evidence.

Engle and Schuster have been accused of selling risky investments to more than 130 investors improperly in a number of interrelated companies in Florida.

A majority of the investors involved with Engle and Schuster were near the age or retirement or already retired; thus, they were looking for conservative investments that held little risk. Their claim is that the two invested moneys into high-risk enterprises without fully explaining the risks that would be involved.

Court documents show Engle and Schuster, who both sold securities in American Capital Corp. and Royal Palm, as describing the Florida companies as “can’t-miss deals” or “mini Berkshire Hathaways,” referring to the Omaha-based conglomerate of the well-known billionaire, Warren Buffett.

Schuster, who became PrimEdge, Inc.’s president and chief executive when the company purchased American Capital and Royal Palm, is now a law student in South Dakota.

Engle, who has filed for Chapter 11 bankruptcy protection in Arizona, has stated that though she has assets worth between $500,000 and $1 million, she estimates that she owes an astounding $10 million to $50 million.