Kate Gosselin Boyfriend: Millionaire Beau Jeff Prescott Dumps Reality Mom For Younger Woman? [Rumors]

TV personality Kate Gosselin is reportedly back on the market after speculation spread that her millionaire boyfriend, Jeff Prescott, has left her for a younger woman. 

In an exclusive, ET Online published the report that the couple has called it quits after the Prescott, 52, and the 40-year-old reality star began having trouble over the summer. Apparently, the mother of 8 was becoming increasingly frustrated over scheduling constraints that called for Jeff to be away for long periods of time. In addition, reportedly, there were also concerns from Jeff's camp over increased exposure of Jeff's three children in the show "Kate Plus 8." 

The site goes on to detail that per a source, it was during the time the Dreamtime.com COO and co-founder was away from Kate when romance began to blossom with a much younger 28-year-old Business Major. Apparently, the Belarus blonde who is based in New York has got both beauty and brains. The younger women is said to be fluent in five languages and is looking to build her own cosmetic line this year. 

ET! also shared that trouble over at the "Kate Plus 8" set began over the Labor Day weekend. The businessman reportedly got "cold feet" when it came to filming for the show and "ended up canceling production plans just two days before the New York City shoot, after months of planning and preparation,' dished an insider. 

While the new romance has been progressing quite nicely, with the two already having gone on two trips together, specifically in Las Vegas and Hawaii, Kate is said to be heartbroken. 

This is Kate's first serious relationship since her divorce from her reality co-star, Jon. Apparently, the ex-wife of Jon Gosselin felt that she and Jeff "had a special connection." 

Back in January, it seemed like paradise for Kate and Jeff who just began dating. The divorced father of three told Radar he thought Kate was "really smart... She's a loving, caring mother." The last time the two were spotted out in public together was in May when the icons met up for dinner in Philadelphia. 

The Gosselins divorced back in 2009 and are currently involved in a bitter custody war over their daughter Hannah, aged 11. 

As of this report, no official statements have been released by either party. Radar did contact Prescott's ex-wife Michelle Jones who admitted she has never met Kate and wasn't in the loop regarding their relationship.  "I don't ask about his personal life," said Michelle to Radar.