Houston surrogacy escrow company misappropriated millions to fund owner Dominique Side’s rap career: Records

  • 📰 KPRC2
  • ⏱ Reading Time:
  • 72 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 68%

Surrogacy Escrow Account Management Nachrichten

SEAM,Dominique Side,Harris County

Surrogacy Escrow Account Management LLC or SEAM, and owner Dominique Side, has gone dark since mid-June when the company appears to have abruptly shut down and told clients legal actions forced operations to be placed on hold.

Jump into summer fun with this week’s amazing Insider Deals– After weeks of questions surrounding what happened to millions of dollars intended parents put forward to pay their surrogates, an amended lawsuit filed late Monday in Harris County reveals Houston-based surrogacy escrow management company has been misappropriating millions to fund its owner’s rap career and lavish lifestyle.

More than $2.2 million of the intended parents’ funds were used to “bankroll her music career as ‘Dom,’ a racy rap and R&B singer and music producer,” the lawsuit states.Attorneys for victims subpoenaed bank records, which also revealed SEAM transferred more than $6.2 million of the intended parents’ escrow funds to finance Side and Hall’s music studio, Vgn Bae Studios.

KPRC 2 has repeatedly tried to reach Side but she hasn’t responded. An auto-response to an email stated that she is subject to an active investigation by federal authorities and she’s been advised by legal counsel to not respond to any inquiries. That company in October 2023 allegedly showcased its clothing line at a Las Vegas Fashion Week. Records indicate the apparel showcased and all expenses incurred by that LLC were funded with intended parents’ money.FBI seeking potential victims of alleged surrogacy theft scheme involving Houston-based companyappears to have collapsed, SEAM conveyed the Houston land worth around $575,000 to Hall for $10, according to a Texas General Warranty Deed filed in court records.

Records allege that SEAM transferred all of its remaining assets to avoid its creditors, and around June 14, transferred anything that it considered to be an asset to Hall.A second lawsuit was filed late Friday in Harris County by a different Houston attorney, Cody Dumas, on behalf of an alleged victim from Dallas.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 80. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen