Mauricio Umansky is embroiled in an explosive battle over a $3.5 million PPP loan scandal!
Mauricio Umansky is embroiled in an explosive battle over a $3.5 million PPP loan scandal!
The new year begins with even more drama Mauricio Umanskywho is embroiled in a heated lawsuit accusing him and his real estate company of The agency, pocketing a $3.5 million PPP loan they claimed they didn’t need. Given the mounting fraud allegations and his estranged wife Kyle Richards makes headlines itself, Mauricios 2024 is already looking chaotic.
Relator LLC initially filed the lawsuit in July 2023 and asserted this Mauricio And The agency Illegally accessing forgivable PPP loans designed to support struggling businesses during the pandemic shutdown.
That’s what they argue The agency was not eligible for the loan because it reported $6 billion in revenue in 2020 and $6.5 billion in 2021 Mauricios personal net worth estimated at $100 million.
In response to The agency’s motion to dismiss the proceedings, Relator hit back in newly filed court documents, claiming the company’s arguments fall flat. “This is about greed during a national health emergency,” her attorney said.
The agency’s That’s what the legal team argued Relator The claims were unfounded as the company has no direct connection to the company Mauricio or The agency and had collected his information from publicly available databases. However, Relator refuted that defense, claiming the argument missed the core issue of potential misconduct.
“The defendants do not claim that they did not commit any wrongdoing.” Relator Attorney stated in court documents obtained by In contact. “Instead, defendants allege that the (first amended complaint) contains insufficient allegations – not as to the facts alleged, but only as to how (Relator LLC) came to know the facts.”
Relator I also pointed this out The agency’s The motion to dismiss is based on the assumption that the complainant has no direct knowledge of the alleged fraud, rather than on a denial of the claims themselves.
If the lawsuit is successful, it could have significant financial implications Mauricio And The agency. Relator seeks a verdict of three times the damages allegedly suffered by the United States, as well as civil penalties.
The case was a persistent thorn in his side Mauricios Page, coinciding with his ongoing marital problems Kyle Richards.
Despite the challenges Mauricio and his legal team remain steadfast in their stance, but Relator The latest evidence suggests they are not backing down. As the case moves toward further trial, all eyes will be on how Mauricio and the agency are responding to these allegations.
Since the stakes are so high, Mauricios The legal battle is far from over. fans of The Real Housewives of Beverly Hills You can expect this controversy to be a hot topic when the show returns on Tuesday, January 7 at 8/7c Bravo.
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Olivia Davis is a staff writer at All About The Tea. Olivia’s hobbies include watching Netflix series and watching Housewives on Bravo. She graduated from San Francisco State University with a degree in history.
