Surrogacy Escrow Account Management LLC (SEAM), a Texas-based company, is facing allegations of defrauding hundreds of couples out of more than $10 million. The company, which was responsible for managing escrow accounts for gestational surrogacy, is accused of stealing funds set aside by expecting parents for their gestational surrogates. SEAM, once widely respected, saw its collapse this month, with the founder disappearing along with the clients' money, leaving many families and surrogates in a state of uncertainty. This lawsuit has brought to light the vulnerabilities in the surrogacy process, impacting the dreams of many hopeful parents.
Nearly 4,000 Arrested In Global Police Crackdown On Online Scam Networks https://t.co/Bg7HokhH95
Police around the world have arrested 3,950 people and seized assets totaling $257 million in a coordinated effort to crack down on online scams. https://t.co/Lzb3ZhLPZz
Scammers Tricked Victims Into Buying $1.4 Million In Collectible Stamps, FBI Says https://t.co/I0P2650Eo0
California pharmacist accused of submitting more than $300 million in fraudulent claims https://t.co/IhGrtOs7Qh
#Interpol's Operation First Light disrupted online scam networks by freezing 6,745 bank accounts and seizing assets worth $257 million, including #crypto. https://t.co/vne2X47rgP
.@INTERPOL_HQ Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M #Crypto Seized, 3,950 Arrested https://t.co/vne2X47rgP
The people are accused of a variety of scams, including a $900 million scheme in Arizona targeting dying patients. https://t.co/Bfu54JIMIy
SEAM was until this month a widely respected escrow manager for couples using gestational surrogacy. But its collapse this month—and the disappearance of its owner—has shattered that reputation and left hundreds of families and surrogates in limbo. https://t.co/dalBcQeuvW
Almost 4,000 people were arrested worldwide in a recent sting — but we're only scratching the surface when it comes to the problem of crypto scams. https://t.co/FuQREPDexe
A Texas company promised to keep families’ money safe during the delicate process of gestational surrogacy. Then its founder—and all the clients’ money—disappeared. @eshugerman reports: https://t.co/ukYeyqv0mt
ICYMI. Hundreds of couples who were trying to have babies via surrogacy allege Surrogacy Escrow Account Management LLC defrauded them out of millions of dollars total. https://t.co/ySg4alTCeW
They hoped to become parents through surrogacy. Now they fear they’ve been scammed https://t.co/XHCrImTH9N
According to a recent lawsuit, SEAM is accused of stealing more than $10 million set aside in escrow accounts by expecting parents for their gestational surrogates. #khou11 @stephengoin https://t.co/j6hg0i7yqP