Kyle Richards’ estranged husband, Mauricio Umansky, is facing a scandalous lawsuit that accuses him of fraudulent real estate practices. Umansky filed court documents claiming that the statute of limitations had expired in the lawsuit, seeking to have it dismissed. The lawsuit alleges that Umansky sold a Malibu mansion to himself and a partner, who then resold the property at a massive profit, withholding information about a higher offer from another buyer.
Kyle Richards’ estranged husband, Mauricio Umansky, is attempting to have a scandalous lawsuit against him dismissed on the grounds that it was filed late and the statute of limitations has expired, all while he deals with his separation from Richards and prepares to join Dancing with the Stars.
Title: Kyle Richards’ Estranged Husband Seeks Dismissal of Scandalous Lawsuit Amid Heartbreaking Split and Dancing with the Stars Debut
Reality star Kyle Richards’ estranged husband, Mauricio Umansky, is currently embroiled in a scandalous lawsuit involving allegations of fraud and self-dealing. Umansky, a prominent real estate agent, has filed court documents to have the case dismissed, claiming that the statute of limitation has expired. The lawsuit accuses Umansky of selling a Malibu mansion assigned to him to himself and a partner, who then resold the property a year later at a staggering $37 million profit.
Court documents obtained by reputable sources revealed that a broker working at Umansky’s UMRO Reality Corporation, also known as The Agency, had assisted his partner, Mauricio Oberfeld, in acquiring the hilltop property for a much lower price than its actual value. The plaintiff, Sam Hakim, and his agent, Aitan Segal, allege that Umansky and Oberfeld failed to disclose their offer of $40 million to the seller. However, Umansky and Oberfeld argue that the lawsuits should be dismissed due to their untimely filing and because the plaintiffs’ claims seek speculative windfall based on property redevelopment.
Meanwhile, the legal drama unfolds within the context of Umansky’s recent separation from his reality star wife of 27 years, Kyle Richards. The couple issued a joint statement, acknowledging the challenges they’ve faced but emphasizing that there has been no wrongdoing on either party’s part. Richards has been spotted frequently with Morgan Wade, a country singer, which has fueled romance rumors. However, both Richards and Wade have denied these speculations.
Umansky’s legal troubles took a turn when he was asked by the federal government to sell a seized Malibu home on behalf of Teodoro Nguema Obiang Mangue, the son of Equatorial Guinea’s president. The house’s proceeds were intended to pay a Justice Department fine, with the remaining funds to be donated to charitable organizations in Mangue’s homeland. Hakim alleged that he had offered to buy the mansion for $40 million but was discouraged from putting his offer in writing. Later, he discovered that Umansky had purchased the property himself, making tens of millions in profits. Hakim is seeking $35 million in damages.
The lawsuit is set to proceed with a hearing in November. As Mauricio Umansky prepares to make his debut on the reality show Dancing with the Stars, he faces the challenge of clearing his name amid the allegations and salvaging his reputation as a renowned real estate agent. The outcome of this legal battle will undoubtedly shape his future both personally and professionally.
Please note that this blog is based on reports and the mentioned claims and allegations have not been proven in a court of law.