Mauricio Umansky has been caught in an explosive fight over the $3.5 million PPP loan scandal!

Mauricio Umansky has been caught in an explosive fight over the $3.5 million PPP loan scandal!

The new year begins with more drama Mauricio UmanskyWho is involved in a heated lawsuit accusing him and his real estate company, agency, For a $3.5 million PPP loan they allegedly don’t need. As allegations of fraud and his estranged wife pile up Kyle Richards She makes the headlines herself, Mauricio 2024 is already looking chaotic.

Link LLC The lawsuit was initially filed in July 2023, claiming that Mauricio and Agency Improper access to forgivable PPP loans intended to help struggling businesses during pandemic shutdowns.

They argue so Agency It was not eligible for the loan, given its reported sales of $6 billion in 2020 and $6.5 billion in 2021, in addition to… Mauricio His personal net worth is estimated at $100 million.

In response to Agency Motion to dismiss the case, link The court responded with newly filed court documents, asserting that the company’s arguments were incorrect. “This is a case about greed during a national health emergency,” their attorney said.

Agency The legal team has argued this Relatives The claims lacked merit because the company had no direct connection to the company Mauricio or Agency Its information was collected from publicly available databases. but, link He refuted this defence, claiming that the argument avoids the fundamental issue of potential wrongdoing.

“The defendants do not dispute that they committed no wrongdoing.” Relatives The lawyer mentioned in the court documents he obtained In touch. “Instead, Defendants allege that (the First Amended Complaint) contains insufficient allegations — not about the facts alleged — but only about how (Relator LLC) came to perceive the facts.”

link He also pointed this out Agency The motion to dismiss hinges on the idea that Relator lacks direct knowledge of the alleged fraud, rather than a denial of the claims themselves.

If the lawsuit is successful, it could have major financial ramifications Mauricio and Agency. link He is seeking a judgment for three times the alleged damages suffered by the United States, along with civil penalties.

The issue has been a constant thorn in Mauricio side, coinciding with his ongoing marital problems with Kyle Richards.

Despite the challenges, Mauricio His legal team remains firm on their position, however Relatives Recent filings suggest they’re not backing down. As the case heads toward further legal action, all eyes will be on how to do so Mauricio The agency is addressing these allegations.

As the risks rise, Mauricio The legal battle is not over yet. Fans The Real Housewives of Beverly Hills We can expect this controversy to be a hot topic as the show returns on Tuesday, January 7 at 8/7c Bravo.

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