Kyle Leaked Bank Loan Documents for Encino House to Invest in Restaurant Chain with Daughter’s Boyfriend – Deal Lost Nearly $600,000
In yet another jaw-dropping twist in the Real Housewives universe, Real Housewives of Beverly Hills star Kyle Richards finds herself at the center of a financial scandal that could rival any storyline ever aired on Bravo. According to multiple sources close to the situation, Kyle allegedly leaked private bank loan documents tied to her multimillion-dollar Encino property in an attempt to secure capital for an ambitious – and ultimately disastrous – restaurant venture involving her daughter’s boyfriend.
The deal, which insiders say was pitched as a “fast-casual Mediterranean concept with luxury flair,” was set to launch in West Hollywood last fall. The investment was initially framed as a family bonding opportunity, with Kyle’s daughter Farrah and her then-boyfriend, aspiring restaurateur Jesse Marquez, heading the project. Kyle reportedly agreed to provide financial backing — but needed a quick influx of capital to match the startup’s aggressive rollout schedule.
That’s when things began to unravel.
According to one anonymous source familiar with the transactions, Kyle circumvented standard procedures by leaking her own bank loan documents tied to the Encino home she shares with estranged husband Mauricio Umansky. “She sent them directly to a third-party investor to expedite funding,” the source claimed. “It was meant to show she had collateral and serious skin in the game. But it was a risky move — those documents were not meant to be distributed outside the bank.”
While the documents didn’t contain explicit financial account numbers, they reportedly revealed sensitive details about Kyle’s mortgage, monthly liabilities, and line of credit options — information that, if mishandled, could have legal ramifications.
The plan backfired spectacularly. Within six months of opening, the restaurant venture collapsed under mounting debt, permit issues, and reported mismanagement. Kyle’s initial investment — which multiple sources place at close to $600,000 — was completely wiped out. To make matters worse, the third-party investor Kyle had tried to win over with the leaked documents is now allegedly threatening legal action over “fraudulent representation of financial backing.”
Reps for Kyle Richards have yet to respond to repeated requests for comment. However, a close friend of the star said, “Kyle was just trying to help her daughter and took a gamble she thought would pay off. She had no malicious intent.”
This latest drama adds fuel to the ongoing rumors about financial strain in the Richards-Umansky household, particularly as Mauricio continues to focus on his real estate ventures amid their public separation. Viewers have long speculated about Kyle’s shifting priorities — and whether her entanglements outside of reality TV are starting to cost her more than just peace of mind.
With legal troubles potentially on the horizon and a massive financial loss on the books, Kyle may be forced to confront the true cost of mixing family, fame, and finance — all under the ever-watchful eye of Bravo cameras.
