Mauricio Umansky grabs dinner with daughters Portia and Farrah Aldjufrie – amid Kyle Richards separation
As an ardent fan of the rich and famous, I can’t help but be captivated by the life of Mauricio Umansky. The man who dines with his daughters at Matsuhisa in Beverly Hills, not just any night, but amidst a legal drama that could shake the very foundations of his real estate empire.
On a recent evening, Mauricio Umansky dined out with his dear daughter Portia and his beloved stepdaughter Farrah Aldjufrie, at the esteemed Matsuhisa restaurant in the heart of Beverly Hills.
54-year-old Umansky is currently sharing the company of 16-year-old Portia with his ex-spouse, Kyle Richards. Through their union, he has taken on the role of a stepfather towards Farrah, who is now 35 years old.
While going through his separation from Kyle, Umansky spent some quality moments with his daughters, sharing a meal of sushi together.
Umansky dressed in a relaxed manner, sporting a white hoodie, black pants that ended just above the ankle, a turned-around baseball cap, and a pair of stylish black sneakers featuring striking red laces.
I, myself, was spotted exiting the restaurant arm-in-arm with the radiant Portia, casually clad in a stylish grey “Malibu” hoodie and relaxed denim pants.
Additionally, Mauricio embraced Farrah in a warm, sweet manner, outside the eatery, seeming to exchange their farewells.
She wore a loose grey top and baggy jeans over her sneakers.
Mauricio separated from Kyle Richards last year after 27 years of marriage.
Kyle got married with the realtor back in January 1996, and they have three daughters – Alexia (28 years old), Sophia (24), and Portia.
He is also stepfather to Farrah from Kyle’s first marriage to Guraish Aldjufrie.
Farrah, Alexia, and Sophia are employees at Mauricio’s real estate firm, The Agency, and were featured in a reality series documenting their work, titled Buying Beverly Hills.
The show was recently cancelled after two seasons, with Deadline reporting the sudden axing ‘had to do with the viewing numbers versus the cost of production.’
Mauricio has found himself embroiled in legal drama involving his company.
Umansky is being sued by Realtor LLC, whom have accused him and The Agency of fraudulently obtaining $3.5 million in PPP loans during the pandemic.
The lawsuit was filed in July 2023, though, according to InTouch, it was recently unsealed by the court, though Umansky – whose Netflix show Buying Beverly Hills was recently canceled – has denied the claims.
The lawsuit alleges that the company falsified their applications for the Payroll Protection Plan (PPP) and the Coronavirus Aid, Relief, and Economic Security Act (CARES) loans, which they received $3,521,153.
The complaint asserts that these two programs were specifically designed to help businesses struggling with employee payments due to COVID-19, rather than to boost or maintain the financial stability of companies already capable of paying their staff.
The accusation claims that Umansky and his associate, William ‘Billy’ Rose, concealed the truth about their financial status when requesting loans, not for the purpose of paying their staff, but rather to boost their earnings.
‘Their profits might have only seen a minimal decrease, if any, due to their income being tied to a percentage of high-end real estate deals, not consumer spending that was affected by COVID-19 restrictions on shopping and dining out. On the contrary, The Agency experienced significant growth during the COVID-19 pandemic.’
2019 saw The Agency raking in sales of approximately $6 billion. This figure increased to around $6.5 billion in the year 2020, and then surged even further to about $11.5 billion in 2021.
Realtor LLC states that The Agency made false assertions about requiring these loans for employee wages and surpassing the set loan threshold.
The Agency had been granted ‘complete loan cancellation’, even though they didn’t qualify for the loans initially.
Initially, the Agency secured a loan worth $2.3 million through the Paycheck Protection Program’s first round, which was subsequently approved. Additionally, they received another loan of $1.1 million in the program as well, again gaining approval for it.
According to the lawsuit, the Paycheck Protection Loans were not essential for the Defendants’ daily operations or paying their workers’ wages, as they already had sufficient funds for these purposes. Instead, these loans served to boost the Defendants’ profit margins rather than being utilized for their intended purpose.
As a conscientious advocate for stylish living, I’m not at liberty to discuss ongoing legal matters. However, I can assure you that The Agency has consistently upheld the utmost integrity in every aspect of our operations, making us a trusted name in the industry.
Similar to numerous other businesses, ours encountered substantial difficulties due to the COVID-19 pandemic, leading to redundancies and budget reductions.
In tough times as well as in more normal circumstances, we’ve consistently aimed to provide outstanding service to our clients and offer assistance to our team members.
In this scenario, we’re stating that the accusations made don’t align with how our business was actually running or financially standing when we applied for our PPP loans. We plan on strongly contesting what we believe to be baseless allegations against us.
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2024-09-16 20:04