Judge allows assets of Houston surrogacy escrow company to remain frozen pending investigation

  • 📰 KPRC2
  • ⏱ Reading Time:
  • 49 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 68%

Surrogacy News

Dominique Side,SEAM,Houston

A temporary injunction has been granted by a judge in a lawsuit against Surrogacy Escrow Account Management LLC, also known as SEAM, and it’s owner, Dominique Side.

Houston surrogacy escrow company misappropriated millions to fund owner Dominique Side’s rap career, new records allege “Our hope at the end of this is to get a final judgment for our client’s claims, for breach of contract, for fraudulent transfer, and for unjust enrichment, and put those funds in what’s called a construct of trust for the benefit of the creditors, which would be the intended parents,” said attorney Marianne Robak. “Once those are put into a constructive trust by the court, then we will work towards recovery, towards disbursing those funds to the intended parents and back into their accounts.

Side and SEAM have been under scrutiny for weeks as families across the country and the world accuse Side and the company of stealing funds meant to pay surrogates. An amended lawsuit was filed late Monday in Harris County which first raised the allegations of the misappropriation of funds being used by Side to pay for her rap career.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 80. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FBI investigating Houston-based surrogacy escrow company accused of stealing from clientsThe FBI is investigating a Houston company accused of stealing millions of dollars from expectant parents.
Source: KHOU - 🏆 330. / 59 Read more »

Houston surrogacy escrow company misappropriated millions to fund owner Dominique Side’s rap career: RecordsSurrogacy 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.
Source: KPRC2 - 🏆 80. / 68 Read more »

Surrogacy escrow company SEAM embroiled in multi-million dollar misappropriation scandalSEAM, a prominent surrogacy escrow company, is facing accusations of embezzling millions of dollars from Intended Parents' escrow accounts to finance a luxury lifestyle.
Source: FOX26Houston - 🏆 448. / 53 Read more »