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Kyle Richards' ex Mauricio Umansky sued for fraudulently receiving more than $3.5 million in PPP loans
Mario 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 (PPP) and the Coronavirus Aid, Relief, and Economic Security Act (CARES) loans, which they received $3,521,153. 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 'Their profits would have been minimally impacted if at all, because their revenue was based on a percentage of real estate transactions, typically between millionaires and billionaires, not consumers who were unable to buy goods or dine out because of the COVID-19 restrictions.
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