Mauricio Umansky is being sued for allegedly pocketing more than $3.5 million in phony loans taken out as part of the COVID-19 pandemic’s federal relief offers.
And for Mau, the financial hits just keep on coming! On Thursday, a company called Realtor LLC filed a lawsuit against Umansky and his firm, The Agency.
In that suit, per docs seen by Us Weekly, Realtor LLC accuses the 54-year-old real estate mogul and the company he founded of fraudulently applying for and receiving $3,521,153.00 in loans via the government’s Payroll Protection Program and its associated CARES Act, which were enacted at the height of the COVID pandemic.
As you probably remember, those PPP loans were put in place to allow for businesses to continue to pay their employees even through pandemic-related shutdowns.
Read more on perezhilton.com
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