Wednesday, 9 October 2019

Kuwaiti royal was defrauded of $160M investment in Mountain of Beverly Hills: lawsuit

The drama surrounding the 157-acre Mountain of Beverly Hills didn’t end when the land was sold in foreclosure for a fraction of its sky-high asking price. Now, the interior minister of Kuwait has filed suit, claiming he was defrauded out of a $163 million investment in the property by its former owner. Khaled Al-Sabah alleges that Victorino Noval — who owned the Mountain before it was seized in foreclosure — duped him into thinking he



source https://therealdeal.com/la/2019/10/09/kuwaiti-royal-was-defrauded-of-160m-investment-in-mountain-of-beverly-hills-lawsuit/

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