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Credit score: Shutterstock/Kathy Hutchins
Actual Housewives of Beverly Hills star Mauricio Umansky hasn’t had the very best couple of years. Not solely is he separated from Kyle Richards, however he was additionally concerned in a snowboarding accident that left him with critical accidents. Now, he has one thing to rejoice as he just lately gained a federal courtroom battle.
As followers will recall, Mauricio and his enterprise companion had been accused of greed throughout the COVID-19 pandemic of 2020. This concerned allegations of them fraudulently acquiring $3.4 million price of Payroll Safety Program (PPP) Loans. The case was caused by Relator LLC.
US Weekly just lately obtained courtroom paperwork that present {that a} federal choose dismissed the case in opposition to Mauricio, The Company, and Williams Rose, who’s his enterprise companion. This occurred as a result of the choose believed there was no proof that the events had offered false data to acquire the beforehand talked about loans. Notably, the authorized staff for The Company argued that Relator LLC had no firsthand information of their funds.
Mauricio’s legal professional stated, “Primarily based on publicly obtainable product sales figures and PPP mortgage data, Relator makes conclusory statements about The Company’s monetary place which are illogical and unfounded. Relator improperly equates product sales figures with income and liquidity, speculates about what share of actual property gross sales The Company would have acquired, and—with none data in any respect—asserts that The Company falsified payroll numbers.”
He then said that the lawsuit was filled with “hypothesis and absurd assertion.” A consultant from The Company had this to say concerning the case being dismissed: “We’re happy the courtroom noticed by way of this baseless lawsuit and dismissed it in its entirety. The choice confirms what we’ve stated all alongside: the claims in opposition to us had been false. We are going to at all times stand robust in opposition to and problem false allegations. Integrity and transparency are core to how we function, and we gained’t hesitate to guard our repute.”
Relator LLC initially filed the federal lawsuit in July 2023 in opposition to Mauricio, William, and The Company. It said that the events acquired two Payroll Safety Program loans throughout the COVID-19 pandemic that totaled $3.4 million, each of which had been later forgiven.
The issue is that Relator LLC claimed it didn’t want the PPP loans. They said that The Company really grew throughout the pandemic and generated $11.2 billion in 2021.
The go well with learn, “The fraud to guard income right here is all of the extra egregious as a result of [Umansky] and [Rose], who co-own The Company, are already extraordinarily rich people who every personal tens of tens of millions of {dollars} of actual property. Decreasing or foregoing distribution of income if obligatory for a time period wouldn’t have made it financially unattainable to maintain their enterprise in operation.”
A rep for The Company stated on the time, “We need to emphasize that The Company has at all times operated with the best degree of integrity in all elements of our enterprise. Like many corporations, we confronted vital challenges throughout the COVID-19 pandemic, together with layoffs and cutbacks.”
They continued, “The claims on this case don’t mirror the truth of our operations and monetary scenario on the time we filed for our PPP loans, and we intend to vigorously defend in opposition to these meritless claims.”
