Family Feud Continued

The Jogani brothers are back at it.

Two of the brothers are suing a niece and nephew, among other parties, for $775 million. The two allege their niece and nephew were paid hundreds of millions in fraudulent fees, salaries and bonuses by their father, another Jogani brother.

The brother named as a culprit in the suit is Haresh Jogani, who was ordered in 2024 to pay plaintiffs Rajesh and Chetan Jogani, and their other brothers, to settle a two-decade dispute over the family’s portfolio of 17,000 or so apartment units in the San Fernando Valley of Los Angeles; the payout verdict was valued at about $10 billion.

Now Rajesh and Chetan Jogani claim their brother made payments to his children — the niece and nephew of the plaintiffs — in order to siphon off and hide assets from real estate management and diamond businesses, according to a complaint dated late-November, filed in Los Angeles County Superior Court.

The current accusations are flying as the prior case is in the courts on appeal.

The first legal brawl ended with Haresh being ordered to pay Rajesh and Chetan a combined $1.5 billion in punitive damages. Rajesh and Chetan also were awarded punitive damages and a 10 percent and six and a half percent stake, respectively, in the multifamily real estate portfolio that was at the center of the case.

A total of five Jogani brothers came to Los Angeles from India, and eventually amassed a fortune in real estate and diamonds.

The latest complaint claims Jeet Jogani and Dhwani Jogani — Haresh’s children and the nephew and niece of Rajesh and Chetan — together received $225 million “looted” from three real estate entities. The case contends that all brothers own the businesses.

The two plaintiffs contend that until the court appointed a receiver, Haresh had “unfettered control” over the businesses for a period of time, leading to illegitimate payments to his children.

“Haresh treated the partnership companies as his personal piggy bank,” the complaint alleges, and “took advantage of his position, to loot billions of dollars, without making proportionate distributions to his brothers.”

Rajesh and Chetan claim their niece and nephew held roles at the three real estate entities before a receiver terminated them. The two brothers argue that neither performed substantial work or contributed to profitability, that they received $25 million bonuses in the middle of the prior trial. The two brothers claim the monetary transfers exceed reasonable compensation, and that Haresh allowed them to “hinder and delay plaintiffs’ ability to collect the amounts that Haresh owes to them.”

Rajesh and Chetan allege the “defendants’ conduct was malicious, oppressive, and done with the intent to defraud.”

The two are suing for treble damages, a legal remedy where the court is required to award the plaintiff three times the amount of actual damages determined by the jury as punitive measure. In this case, the actual damages are $225 million, per the suit, therefore treble damages amount to $775 million.

Jeet Jogani and Dhwani Jogani could not be immediately reached for comment. The two do not appear to have retained attorneys based on available information.

Their father Haresh’s prior attorney, Rick Richmond, did not immediately respond to a request for comment. Peter Ross, an attorney who represented Rajesh and Chetan in the prior case, did not immediately respond to a request for comment.