Mauricio Umansky.
Vivien Killilea/Getty Pictures for Tequila Don JulioMauricio Umanski Accused of fraudulently acquiring $3.5 million in pandemic aid loans.
In accordance with courtroom paperwork obtained US Weekly On Thursday, August 29, Realtor LLC claimed in a brand new lawsuit that Umansky, 54, and his actual property firm, The Company, utilized for and obtained two Paycheck Safety Program (PPP) and CARES Act loans totaling $3,521,153.00.
This system is designed to assist forestall layoffs by offering loans to companies unable to pay staff because of the influence of the COVID-19 pandemic. The lawsuit accuses Umansky’s firm of “falsely” proving that they wanted the mortgage to pay their workers. The company “requested and obtained quantities in extra of the mortgage restrict of two.5 instances month-to-month wage, topic to an annual wage cap of $100,000 per worker,” the doc mentioned.
Realtor LLC claims that Umansky’s firms have been minimally affected by the pandemic shutdown as a result of their income comes from actual property transactions “typically amongst millionaires and billionaires” fairly than being unable to buy items as a consequence of shutdown restrictions of shoppers. The company’s enterprise has “grown considerably” in the course of the pandemic, with income of $6.5 billion in 2020 and $11.2 billion the next 12 months, the doc mentioned.
Being a Actual Housewife is not all diamonds and rosé — simply ask the courageous souls who’ve confronted authorized troubles within the highlight. Whereas some franchises cope with lawsuits on the air — together with The Actual Housewives of New Jersey’s Theresa and Joe Giudice’s fraud case, The Actual Housewives of New York Metropolis’s Sonya Morgan recordsdata for chapter […]
“Accordingly, the defendants will preserve substantial reserves to proceed paying wages to their workers. To say in any other case is extremely irresponsible, particularly for an professional in the actual property market.” As famous above, the defendants made it clear that they weren’t solely irresponsible. Accountable, their expertise and success proves in any other case. “
The lawsuit asks the courtroom to require Umansky and his companies to pay 3 times the quantity of damages triggered.
Involved was the primary to report the information. Umansky denied the accusations to the media. A consultant of the company us.
“Whereas we can’t touch upon ongoing litigation, we want to emphasize that the company has at all times operated with the best stage of integrity in all facets of our enterprise. Like many firms, we have now confronted vital challenges in the course of the COVID-19 pandemic, Together with layoffs and layoffs,” the assertion learn. “Our focus stays, particularly throughout this difficult time, on offering glorious service to our clients and supporting our workers. The claims on this case don’t replicate our precise operations and monetary situation on the time we utilized for the PPP mortgage,” We intend to vigorously defend these baseless claims.
Kyle Richards and Mauricio Umansky shocked followers once they separated in 2023 after greater than 20 years of marriage. Married to Guraish Aldjufrie and had daughter Farrah from 1988 to 1992. Richards is 4 months previous […]
Umansky is finest recognized for his affiliation with actual housewives of beverly hills Star Kyle Richards. The couple cut up in July 2023 after 27 years of marriage. The estranged couple, who’ve but to file for divorce, have youngsters Alexia, 28, Sophia, 24, and Portia, 16. He’s the stepfather of his daughter Farrah, who she shares together with her ex-husband. Quraysh Aljufri.
after showing Roba Umansky has had her personal Netflix sequence for a number of seasons, purchase beverly hillsabout his working life at The Company, which he based in 2017. The present was canceled by Netflix earlier this 12 months after its second season.
