In a dramatic courtroom saga that has captured public attention, Mauricio Umansky, the renowned CEO of The Agency and husband of a Real Housewives star, finds himself entwined in family turmoil over financial claims against his father’s long-time girlfriend, Simin Tabibnia. The ongoing legal battle not only explores personal grievances but also sheds light on significant financial struggles that the real estate company has faced in recent years.
Mauricio Umansky with his father via his Instagram
After a year of intense legal battles, Mauricio and his sister Sharon Umansky successfully obtained conservatorship over their father, Eduardo Umansky. Their conflict with Simin stems from allegations of abuse and financial exploitation, with accusations that she attempted to extract funds improperly from Eduardo. A particularly distressing claim includes an alleged physical attack on Mauricio’s sister.
Testimony from Mauricio, unveiled in court documents obtained by In Touch, reveals startling insights into the financial dynamics between Eduardo and Simin. Despite her claims of receiving $278,000 in commissions from their joint real estate ventures from 2023 to 2024, Mauricio contested that Eduardo’s actual income consisted of bare minimum commissions totaling just $35,000 and $39,823.69, respectively. This disparity has raised serious concerns about potential financial exploitation.
Moreover, Mauricio touched upon the broader struggles faced by The Agency over the last few years, recalling how the real estate market has grappled with severe downturns reminiscent of the early 1990s recession. “The last three years, we’ve had the lowest amount of transactions,” he stated, highlighting that no dividends have been paid out to owners due to these setbacks.
As the legal battle unfolds, the stakes remain high. With both sides presenting conflicting narratives, the court will ultimately decide the fate of Eduardo’s finances and his relationship with Simin. Notably, Mauricio indicated that further financial stability is still uncertain for the agency, emphasizing the urgency to safeguard his father’s assets from any alleged financial abuse by Simin.