FBI investigating Surrogacy Escrow Account Management, judge freezes assets

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A Harris County judge placed a temporary hold on the funds of a surrogacy escrow company, as well as its owners' assets, as federal authorities investigate the firm over allegations of missing money by families.

A Harris County judge has put a temporary hold on the funds of a surrogacy escrow company, as well as its owners' assets, as federal authorities investigate the firm.FOX 26 initially brought attention to this story on June 15 and has been closely tracking the developments that now involve a multitude of families and surrogates.

After reviewing bank statements and tax filings for SEAM, Hood noted unexpected levels of financial transactions for what should be a non-profit generating business. "The escrow account showed more money movement than what reached the surrogates for their expenses. And the tax returns indicate an unusual amount of generated revenue," Hood said.

 

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