A Las Vegas, Nev., CPA has been indicted for allegedly defrauded clients of surrogacy agencies of more than $900,000. Darryl Lynn Kauffman, 74, has charged in connection with Kauffman’s passing himself out as an escrow agent in the surrogacy business in California..California law requires intended parents using services of a surrogacy agency use a licensed escrow agent for the payment of medical expenses and other fees to surrogate mothers.
Kauffman, who was not a licensed agent, advertised he specialized in providing escrow services for surrogacy cases. From 2015 until March 2018, intended parents began wiring money that went directly into bank account, mixed with funds from other clients and Kauffman’s business bank accounts, according to the indictment
At some point, Kaufman allegedly stopping paying surrogacy fees and expenses and took the money for his own use. The indictment also alleges he sent false account statement showing balances in the accounts that had in actuality been spent.
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