Kyle Richards husband Mauricio Umansky suffers a blow in the shady lawsuit over the sale of a $32 million Malibu mansion.
A judge has denied Mauricio’s request to have a lawsuit tossed brought by a company named, Sweetwater Malibu, LLC (run by a man named Teodoro Mangue) against Mauricio — citing the plaintiff’s case has strong legal merit to move forward.
The judge ordered that Sweetwater Malibu, LLC will have to amend their complaint to add Mangue as a plaintiff, but said the lawsuit has presented enough at this point to allow it to continue.
The Real Housewives of Beverly Hills star is being sued by Sweetwater Malibu LLC, the company that owned the home at the center of the lawsuit, according to court documents. Sweetwater Malibu LLC accuses Mauricio and The Agency of having violating duties as a real estate broker.
According to the seller, Mauricio did not inform Sweetwater Malibu LLC of much higher offers that were made prior to the sale of the mansion. Mauricio also hid the fact that he partnered with the buyer to purchase the property. One year later, Mauricio sold the home for $69.9 million, at a profit of $37 million. He also allegedly never disclosed he had partnered with the buyer to purchase the property.
Sweetwater Malibu, which is run by Teodoro Mangue, accused Mauricio in their lawsuit of breaching his duties as a real estate agent and believed he did self-dealing and earned secret profits.
Mauricio denies all allegations of fraud — he claims the home was seized by the U.S. government from Mangue after they discovered his hundreds of millions came from criminal activity.
The Real Housewives of Beverly Hills cast attended a mansion party during Season 7 — apparently, the home is at the center of the lawsuit.
Dorit Kemsley, Lisa Rinna, Erika Girardi and Lisa Vanderpump all attended the “Great Gatsby” themed soirée, hosted by Kyle and Mauricio.