"Bohm's lawsuit, filed on Wednesday in a Philadelphia court, comes after the 29-year-old reviewed his personal and financial affairs in recent months, and said that his parents refused to give him access to the accounts or provide him with the information he sought about them."
"By the time he sought the information, his parents had already transferred millions of dollars from his personal accounts to the accounts they controlled, the lawsuit said."
"Their lawyer, Robert Eckard, said in a statement that Bohm has had full access to the accounts and his parents are paying his expenses on their personal credit cards."
"Both parties say the first of the accounts was opened in 2019. His parents told him that they assigned themselves a 10% stake, strictly for administration purposes, and that Bohm was the true owner of all of the LLC's assets."
Alec Bohm has filed a lawsuit against his parents, accusing them of misappropriating millions from financial accounts they managed for him. He claims they denied him access to these accounts and used his funds for personal expenses. Bohm alleges that his parents transferred significant amounts of his money to their own accounts and charged him for managing his finances. His parents deny any wrongdoing, asserting they acted in his best interests and provided him access to the accounts. The lawsuit highlights a complex family financial dispute.
Read at www.theguardian.com
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