Estranged Real Husband of Beverly Hills, Mauricio Umansky, “won” his federal court battle in which he was accused of alleged greed during the COVID-19 pandemic.
Us Weekly can exclusively reported that charges against Kyle Richards’ ex, his real estate company – The Agency – and his biz partner, William Rose, were dismissed by a federal judge.
The ruling:
According th the judge, there was no evidence to support the allegations that Mau and his team made false representations to fraudulently obtain $3.4 million worth of Payroll Protection Program (PPP) loans.
The case was closed the same day.
A rep for The Agency gave a statement. “We are pleased the court saw through this baseless lawsuit and dismissed it in its entirety. The decision confirms what we’ve said all along: the claims against us were false.”
“We will always stand strong against and challenge false allegations. Integrity and transparency are core to how we operate, and we won’t hesitate to protect our reputation.”
ICYMI:
Mauricio and The Agency applied for and received two Payroll Protection Program (PPP) and CARES Act loans. They totaled $3,521,153.00.
Relator LLC claimed these funds weren’t needed. “This is a case about greed during a national health emergency.”
“Defendants do not argue that they engaged in no wrongdoing. Instead, Defendants claim that the [first amended complaint] contains insufficient allegations – not on the facts alleged – but only on how [Relator LLC] came to realize the facts. Defendants’ entire motion is based not on the assertion that Plaintiff is wrong. Rather, that [Relator LLC] does not have direct knowledge of the fraud.”
In layman’s terms, Mauricio’s lawyers are arguing there is no proof of fraud, not that there was no fraud committed.
Relator LLC lawyers argued that “Mauricio and The Agency had no need for the loans. Business was booming for the real estate company.”
