Big Law

Mauricio Umansky hit with 2nd lawsuit over massive Malibu mansion

The vice president of Equatorial Guinea has sued Mauricio Umansky and his Beverly Hills brokerage, the Agency, in a case that tracks back to the 2016 sale of a 15,000-square-foot estate on Sweetwater Mesa Road.

In the lawsuit filed in federal court Wednesday, Teodoro Nguema Obiang — who is the Central African country’s vice president — claims Umansky tricked him into selling the massive Malibu property for far less than it was worth. Obiang filed the suit through his LLC, Sweetwater Malibu CA. Page Six first reported the suit.

Read the source article at The Real Deal

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