A San Francisco woman has filed a lawsuit against her former friends, accusing them of defrauding her out of her life savings. The complaint was filed by Maya Seely in the Superior Court of California, County of San Francisco on February 24, 2025, against Marit Sebahar, QC Industries, LLC, and Jeffrey Lindsey.
The lawsuit alleges that defendants Marit Sebahar and Jeffrey Lindsey orchestrated a fraudulent scheme to swindle Seely out of $300,000. According to the complaint, Sebahar used her position as Seely's friend to persuade her to entrust her life savings to Lindsey under the pretense that he would invest it responsibly. However, Seely claims that both Sebahar and Lindsey lied about their investment experience and intentions. Instead of investing the money as promised, they allegedly stole it through their company QC Industries while falsely assuring Seely that her account balance was growing significantly over time.
Seely recounts how she was introduced to Lindsey by Sebahar in the summer of 2016. During this meeting, Lindsey falsely claimed to be a registered securities broker/dealer. They convinced Seely to set up a self-directed IRA account with Midland Trust and a trading account with Tradestation. An agreement was executed in August 2016 between Seely and QC Industries allowing them control over her funds for trading purposes. The agreement stipulated that the principal amount should not fall below $240,000 from an initial balance of $300,000.
Despite these assurances, Seely alleges that the defendants provided false updates about the value of her investments over several years. For instance, in March 2018, Lindsey reportedly informed Seely via email that her account balance had reached $569,020 when it was actually only $33,334. Similar misrepresentations continued until May 2023 when suspicions arose after Lindsey refused further transparency regarding account details.
Seely is seeking compensatory damages amounting to at least $300,000 for fraudulently induced losses and breach of contract since QC Industries failed to maintain the agreed minimum balance threshold. Additionally, she demands punitive damages due to what she describes as malicious conduct by the defendants along with restitution for economic harm suffered under California’s Unfair Competition Law (UCL).
Represented by attorney Nicolas Saenz from The Saenz Firm P.C., Maya Seely requests various forms of relief including injunctive measures against future unlawful practices by these individuals or entities involved in this alleged scam operation.
The case is presided over by Judge Sahar Enayati under Case ID CGC-25-622674 at San Francisco’s Superior Court where it awaits trial proceedings upon jury demand requested within this legal filing dated February 24th & signed off on February 25th respectively by Attorney Nicolas Saenz himself acting on behalf plaintiff Ms.Sealy throughout entire litigation process ahead now underway moving forward into courtroom setting soon enough expectedly so...