Kyle Richards' Estranged Husband Slams $3.5 Million Unnecessary Loans Lawsuit As 'Baseless'

Kyle Richards' estranged husband, Mauricio Umansky, has finally broken his silence over a month after he was accused of deceiving the government.

The real estate agent and his firm, The Agency, were named in a $3.5 million lawsuit that claimed they obtained loans for struggling businesses. However, the defendants have vehemently denied all wrongdoings.

In his legal response to the allegations, Mauricio Umansky argued that the plaintiff who filed the lawsuit had no ties to him or his company. He claimed their words were not only "baseless," but they had no way of backing their speculations.

According to court documents, Umansky slammed Relator LLC for making unfounded claims about him and his real estate company. He described the plaintiff as a "third party corporation formed by lawyers for a single purpose: to 'whistle blow.'"

The "Real Housewives of Beverly Hills" star's estranged beau stressed that the corporation called out businesses it had no relation with, and his case was no different. His argument read:

"Relator makes the specious claim that Defendants falsified information and certifications on its applications for Paycheck Protection Program ('PPP') loans in 2020 and 2021 through the use of guesswork, speculation, and contrived facts."

Umansky's argument continued: "The fact that Relator's Complaint is an artificial account of facts comes as no surprise. Relator is in no way connected to Defendants: Relator was not previously employed by Defendants nor is it otherwise affiliated with Defendants."

"Relator, therefore, cannot ascertain or know firsthand the facts surrounding The Agency's application for PPP loans in the shadow of the COVID-19 global pandemic," the legal documents obtained by In Touch added.

According to Umansky's filing, the plaintiff allegedly used "publicly-available gross sales figures and PPP loan information" to deduce their claims about the real estate agent and his firm. He slammed their actions, writing:

"Relator makes conclusory statements about The Agency's financial position that are illogical and unfounded. Relator improperly equates gross sales figures with profits and liquidity."

Umansky claimed Realtor LLC "speculates about what percentage of real estate sales The Agency would have received, and—without any information whatsoever—asserts that The Agency falsified payroll numbers."

While Umansky argued the plaintiff's lawsuit was full of "speculation and absurd assertions," the latter begged to differ. As reported by The Blast, the court unsealed the allegations — initially filed in July 2023 — in August 2024.

The documents called out Umansky, his business partner William "Billy" Rose, and their real estate company, The Agency, for allegedly stealing loans meant for struggling businesses. "This is a case about greed during a national health emergency," the plaintiff alleged.

According to Realtor LLC, Umansky's company had used The Agency to apply for and receive two Payroll Protection Program (PPP) and CARES Act loans during the COVID-19 pandemic.

The filing noted these systems were not enacted to "bolster or preserve the profits of a business that had sufficient funds available to pay its employees." Instead, they were created to prevent the termination of employees by businesses that couldn't pay them.

Realtor LLC claimed Umansky and his business partner had misrepresented The Agency's financial situation to become eligible for the PPP and CARES Act loans. Through their alleged lies, they obtained $3.5 million in loans.

On that note, the plaintiff implored the court to punish Umansky and his business partner severely. They asked for "judgment against each defendant in an amount equal to three times the damages that the United States has sustained because of Defendants' actions."

The plea for punishment did not end there, with Realtor LLC pushing for "a civil penalty of not less than $12,537 and not more than $25,076 for each and every false claim as are required by law."

Months before the fraud case, The Blast shared that Umansky had moved out of his home with Richards amid their estrangement. A source revealed he splurged on a luxury condo in West Hollywood.

The real estate agent's new residence was reportedly in the same building where Matt Damon owns an $8.6 million unit. The insider noted Umansky's relocation was unsurprising given the change in his relationship status.

They claimed Umansky and Richards "have been living separately for the last few months, and he's been staying there." The informant added that the duo's frequent travels also influenced their decision not to live under the same roof.

News of Kyle Richards and Mauricio Umansky's estrangement broke in July 2023. Will the pair ever reconcile, or will they eventually end their marriage?