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'Real Housewives Of Beverly Hills' Star Kyle Richards' Husband Sued & Accused Of Fraud
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Mar. 14 2019, Updated 5:57 p.m. ET
Real Housewives of Beverly Hills star Kyle Richards’ husband to Mauricio Umansky is being taken to court. A former client of the realtor has filed a lawsuit against him and has claimed he committed fraud.
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According to court documents obtained by The Blast, the lawsuit against the 48-year-old’s company, The Agency by Sweetwater Malibu LLC, is stemming from the sale of a Malibu, California mansion.
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The house itself was seized by the United States government because Teodoro Nguema Obiang Mangu allegedly used money stolen from his native Equatorial Guinea to purchase the luxury home.
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In a US government-approved sale, Mauricio sold the mansion to Mauricio Oberfeld for $32.5M. However, Sweetwater Malibu LLC, who owned the home at the time of the sale, claims they were never informed that the Bravo celebrity received much high offers.
- Kyle Richards Is in a 'Very Difficult' Situation After Mauricio Umansky Was Spotted Kissing Another Woman, Says Sister Kathy
- 'Wife' No More! Kyle Richards Removes Title From Instagram Bio After Ex Mauricio Umansky Was Seen Kissing Another Woman
- It's Over! Mauricio Umansky Spotted Locking Lips With Mystery Woman as Relationship With Kyle Richards Is Officially Done
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Sweetwater claimed Mauricio kept the other offers a secret because he and buyer conspired to buy the mansion together.
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The father of three later sold the home for $69.9M — which earned him a whopping $37M profit.
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In the court documents, Sweetwater said Mauricio failed to uphold his duty as a real estate broker. “He violated virtually every one of these duties, by engaging in blatant acts of self-dealing, earning secret profits, and both failing to disclose and outright misrepresenting material facts,” the statement read.
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Sweetwater Malibu LLC is seeking both unspecified damages and punitive damages.