The NY Times writes about Planet Hospital, a surrogacy agency that allegedly defrauded several people, noting the following about Planet Hospital’s founder, Rudy Rupak:

But now Mr. Rupak is in involuntary bankruptcy proceedings, under investigation by the F.B.I. and being pursued by dozens of furious clients from around the world who accuse him of taking their money and dashing their dreams of starting a family.

The practice of paying a woman to have an embryo transferred to her womb and bear the child for someone else, known as gestational surrogacy, has been growing steadily over the last decade although it remains illegal in most countries.

To read more, see A Surrogacy Agency That Delivered Heartache – NYTimes.com.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.