'Real Housewives Of Beverly Hills' Star Kyle Richards’ Husband Mauricio Umanasky Sues High-Profile Real Estate Agent Over $32 Million Malibu Mansion Sale
July 28 2021, Published 2:30 p.m. ET
Real Housewives of Beverly Hills star Kyle Richards’ husband Mauricio Umansky is denying he screwed over a real estate investor out of tens of millions on a deal.
According to court documents obtained by Breaking Celebrity News, Mauricio and his company The Agency are taking legal actions against a high-profile agent named Aitan Segal.
The legal drama started back in 2019 when Mauricio sued for fraud over the sale of a $32 million Malibu mansion.
Kyle’s husband and his real estate company The Agency were sued by the former owner of the home. Mauricio was brought on to help the federal government sell the home after it was seized from a man named Teodoro Nguema Obiang Mangue.
The former owner agreed to sell the home with $10 million of the proceeds going to pay a fine to the U.S. government. Mangue was accused of using funds stolen from his home country Equatorial Guinea (Mangue is the son of the president).
Mauricio ended up selling the home to a man named Mauricio Oberfeld for $32.5 million. The sale he presented was approved by the government.
However, the former owner of the home accused Kyle’s husband of failing to disclose that he had partnered with Oberfeld to purchase the home. Mauricio and Oberfeld went on to sell the property for $70 million and profited $37 million.