Jane Shah’s house – ‘Shah Ski Chalet’ – is an alleged fraud, too

“Real Housewives of Salt Lake City” star Jane Shah was Arrested on tuesday For cheating hundreds of elderly people in alleged money laundering and a misleading scam. But his alleged victims were not the only ones to throw out – so were Bravo fans.

The 47-year-old breakout star soon became notorious for her flamboyant fashion and their friendship, both equally loudly on season 1 of the latest entry in the “Real Housewives” franchise.

However, the $ 3.9 million Salt Lake City rental he passed as “Shah Sky Bud” never actually belonged to Shah, the Post has learned.

Instead the 9,420-square-foot home featured on the show is owned by Univsco Inc., a Texas-based real estate rental company under the limited liability company RJW Capital Investors.

Yes, it (GASP!) Was a rental: property records revealed by The Post Univesco Inc. have found home ownership since 2014.

And as any true fan knows, in the “Real Housewives” universe, few things are more embarrassing than renting your own house. after all, Bravo daddy andy cohen Once Famously shaded Those who choose the fare.

“, Executive producer of” Real Housewives “, 52, I did not understand the concept of renting. He told Forbes In 2019. “It’s just throwing money away. Especially a very big house. I don’t get it.

Steven Frew of Univesco told The Post that he had no idea that Shah was taking away property as his property on the show. A separate spokesperson handling its Utah properties hopes to provide more details later.

Bravo himself may have been deceived as well, noting that he does not hesitate to promote Shale in the show, including a special article.

(The representative for the network did not immediately respond to the Post’s request for comment.)

Home pegged as a bar
An exterior shot of a once revolving residence as “SHAH SKI CHALET”.
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“On the November 11 series premiere … Jane Shah hosted a lavish embryo in her house for the birthday of Meredith Marks, who lived in her house, before turning to Abode (which she calls” Shah Ski Chale “) , Our jawans toppled him from madness, the grand house, “the article sparked.

Although it largely went unnoticed at the time, there is speculation that One The housewives of the show rented a property for the film Fan blog spread like wildfire last year And podcasts.

But there was gossip in the inner circle of housewives too: in the February 12, 2020 episode “At a weekly dose of B.S.,” Hosted by “Real Housewives of Dallas” stars Brandi Redmond and Stephanie Hallman, Redmond revealed that she knew someone from “RHOSLC” had been hired.

“I know that one of those women is renting a house,” gingerly teased Brandy-Mane Brandy. “I do not know [who it is] Because I do not know the artists, but I know that one of them is a tenant because they are hiring some friends from my house. “

Shah reacted to Redmond’s comments on Instagram in his signature over-the-top style – a supportive fan page shared an audio clip of his comments.

“Is it that everyone is understanding their g-string about their ** bcuz [sic] Their irrelevant? Or is it bcuz that they wish they could pay the rent themselves 4 other homes and is suitable in NYC? “Shah wrote in the comments section of a deleted Instagram post at the time.

In a later post she continued to perform poetic waxes: “You want for me to come with your red hair and bull-tee, take hard honey. You’re gonna taste SHAH SADAD and I don’t mess with it. PERIODT . “

Note: The Post did not find any documents to substantiate Shah’s claims to own four other properties and an apartment in NYC.

However, the spacious chalet home depicted on Bravo was up for sale in 2019, until the five-bedroom, six-bathroom spread was taken off-market – apparently when Shah began filming for the show, According to the documents.

According to the listing, the wood-frame home is “equipped with three substantial master suites, each with its own fireplace and seating area, and two additional bedroom suites.”

Gourmet Kitchen & Breakfast Area.
Gourmet Kitchen & Breakfast Area.
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Informal living space.
Informal living space.
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The expansive backyard comes with a hot tub.
The expansive backyard comes with a hot tub.
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A pool table located in the upper-level den.
A pool table located in the upper-level den.
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Spacious formal living area providing an open floor plan.
Spacious formal living area providing an open floor plan.
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Spacious Master Suite.
Spacious Master Suite.
realtor.com

However, away from reality TV, and in actual In fact, Shah’s tallest house is located in Sandy, UT, which has been owned by her husband Sharif Shah since 2004, until they sold it in June 2020 at a loss. He initially bought the house for only $ 302,069. It sold for $ 213,000.

Currently, records indicate that Shah and her husband are renting a $ 8,000 / month Park City home, which they moved into soon after selling their 16-year-old home.

Jennifer Shah currently owns a rented house in Park City, Utah for an estimated $ 8,500 a month.
Downsized: Jennifer Shah currently resides in Park City, Utah for an estimated $ 8,500 a month.
realtor.com

Shah and his assistant Stuart Smith, 43, were arrested by the Fed on charges of conspiracy to commit wire fraud and money laundering. He faces up to 30 years in prison if found guilty.

“Shah and Smith showed their lavish lifestyle as a symbol of the public’s ‘success’,” Homeland Security Investigation Special Agent Peter Fitzhugh said in a statement.

“In fact, they allegedly built their lavish lifestyles at the expense of vulnerable, often elderly, working-class people.”

The indictment in the Southern District of New York has claimed that Shah and Smith executed a sequestration scheme with co-conspirators operating in six states – New York, New Jersey, Arizona, Nevada and Utah.

Shah’s arrest declined to comment on his arrest.

According to the indictment, hundreds of victims, many of whom were over 55, were tricked into investing in shady projects and professional services that included coaching sessions, tax preparation and website design services.

Worst of all, many of these people did not have computers.
The alleged scheme remained in place from 2012 until the latest of this month.

The indictment states, “At no point did the defendants intend that the victims would actually earn any of the returns given on their intended investment, nor would the victims actually receive any such benefit.”

His on-set defeat is far from January, when Shah Told about his company, Announcing that she was launching a program called “Social Commerce” to help women amid the coronovirus epidemic.

“We’re helping women pivot and move their businesses through quarantine and COVID,” she explained at the time. “To help them stabilize their business through online sales because their brick and mortar stores are closed… We are working with some women, so you will see some of them coming out and telling their stories. Listen and see how we help their businesses grow. “

Perhaps he should have taken his advice.

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