Seraphine’s company was not fake.

That complicated everything.

Serein House sold high-end postpartum kits and wellness memberships.

It had once earned real revenue.

Then Seraphine expanded too fast.

Leased a retreat center.

Hired staff.

Ordered inventory.

Borrowed.

A supplier failure caused delays.

Customer refunds.

Chargebacks.

Investor pressure.

Instead of shutting down early, she doubled down.

Private lender Martin Cole gave her $620,000 at high interest.

Why?

Because Seraphine pledged expected “family real-estate liquidity.”

She did not own any.

She apparently believed she soon would.

Martin’s notes referenced:

expected Vale Estate restructuring following child placement.

Date:

Six weeks before Clara’s birth.

Adrian read the phrase three times.

The plan existed before the newborn arrived.

The doghouse was not a sudden emotional explosion.

It was an escalation inside an existing strategy.

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