Kyle Richards' ex Mario Umansky sued for fraudulently receiving more than $3.5 million in PPP loans

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Kyle Richards' ex Mario Umansky sued for fraudulently receiving more than $3.5 million in PPP loans
TvshowbizReal Housewives Of Beverly HillsKyle Richards
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Mauricio Umansky is officially in West Hollywood as the estranged husband of Kyle Richards has moved into his bachelor pad. Richards said that she knew it would be 'strange' when that moment came.

Have YOU got a story? EmailMario Umansky has found himself in some legal hot water over some allegedly fraudulent PPP loans he received during the COVID-19 pandemic.

The lawsuit alleges that the company falsified their applications for the Payroll Protection Plan and the Coronavirus Aid, Relief, and Economic Security Act loans, which they received $3,521,153. The filing alleges, 'Those two programs were enacted for the sole purpose of preventing termination of employees by providing loans to businesses that were unable to pay them due to the impact of COVID-19, not to bolster or preserve the profits of a business that had sufficient funds available to pay its employees.'

Realtor LLC adds that The Agency falsely claimed that they needed these loans to pay their employees, and that they exceeded the loan limit.

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