Current:Home > FinanceKouri Richins' hopes of flipping Utah mansion flop after she is charged in the death of her husband Eric -Wealth Empowerment Zone
Kouri Richins' hopes of flipping Utah mansion flop after she is charged in the death of her husband Eric
View
Date:2025-04-15 20:04:01
In the early morning hours of March 4, 2022, Kouri Richins says she found her husband Eric unresponsive in their bed. She said his death was an accident, but a year later she was arrested and charged with murder. The circumstances surrounding Eric Richins' death are investigated in "The People v. Kouri Richins," an all-new "48 Hours" reported by contributor Natalie Morales and airing Saturday, Feb. 24, 2024, on CBS and streaming on Paramount+.
Kouri's family says she lost more than just the father of her three young sons and husband of nine years. She also lost a huge business deal worth millions.
Kouri owned a real estate business specializing in buying and flipping houses for a profit. Her mother Lisa Darden says it was a constant rotation of new projects, and at any one time Kouri could be working on three different properties, "I would say on average." Darden had watched Kouri build the business from the ground up and says Kouri was proud of her success. Greg Hall was her friend and marketing director. He says the reason for Kouri's success was that she had something that a lot of people don't. "A lot of times you find an individual that is intelligent, but no common sense or common sense and no intelligence. She had both. She was a brilliant young lady," said Hall.
Before Eric died, Darden says Kouri was working on the biggest house-flipping deal of her career. The project was a 10-acre estate in Heber City, Utah, not far from the famed Park City ski resort. It was prime real estate. "I think this was kind of her dream when she got into this idea of flipping houses was to be able to do properties like this," Kouri's attorney, Skye Lazaro, told Morales as they toured the property.
The 20,000-square-foot mansion and its 4,000-square-foot guesthouse were originally built in 2017 but never finished. Kouri discovered the abandoned project in 2019 and made an offer on it along with a group of investors for $3.9 million. According to Lazaro, Kouri's plan with the property was to "turn it into a recreational hotspot, given this is probably one of the most beautiful places in the world and, hopefully, sell it at a profit." And Kouri's mother says that potential was jaw-dropping. "Her and Eric sat down with an accountant one time, and he said, if you can get it done and stay under budget, you could walk away with $12 million," said Darden.
Darden says Kouri and Eric were excited about the opportunity and were celebrating finalizing the closing of the mansion the night Eric died. "Eric's saying, let's have a shot. Come on, let's celebrate Kouri," she said. And the celebration continued. Kouri told investigators she poured Eric another drink later that night, a Moscow mule, before the couple went to bed. It was hours later that Kouri said she found Eric unresponsive in their bed. The next day Kouri closed on the property, according to court papers.
But the spokesman for Eric's family, Greg Skordas, says Eric did not want Kouri to buy the mansion. "I don't think he was ever in favor of that," Skordas said. Just days after Eric died, his family told an investigator "Eric and his wife were arguing" about buying the house. Eric's family believes Kouri was determined to go forward with the project, despite Eric's opposition.
When Kouri Richins was arrested and charged in her husband's death, her hopes for the project -- and the potential $12 million payday -- came to an end. The mansion was put back on the market and recently sold for $3.75 million.
- In:
- 48 Hours
veryGood! (23)
Related
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- At Lake Powell, Record Low Water Levels Reveal an ‘Amazing Silver Lining’
- Environmentalists Want the FTC Green Guides to Slam the Door on the ‘Chemical’ Recycling of Plastic Waste
- In the Florida Panhandle, a Black Community’s Progress Is Threatened by a Proposed Liquified Natural Gas Plant
- Global Warming Set the Stage for Los Angeles Fires
- A Pennsylvania Community Wins a Reprieve on Toxic Fracking Wastewater
- Blac Chyna Celebrates 10 Months of Sobriety Amid Personal Transformation Journey
- History of Racism Leaves Black Californians Most at Risk from Oil and Gas Drilling, New Research Shows
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Nordstrom Rack's Back-to-School Sale: Shop Deals on College Essentials from Fall Fashion to Dorm Decor
Ranking
- Former Syrian official arrested in California who oversaw prison charged with torture
- Abandoned Oil and Gas Wells Emit Carcinogens and Other Harmful Pollutants, Groundbreaking Study Shows
- Colorado Frackers Doubled Freshwater Use During Megadrought, Even as Drilling and Oil Production Fell
- Abandoned Oil and Gas Wells Emit Carcinogens and Other Harmful Pollutants, Groundbreaking Study Shows
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Environmental Groups File Court Challenge on California Rooftop Solar Policy
- UN Considering Reforms to Limit Influence of Fossil Fuel Industry at Global Climate Talks
- UN Considering Reforms to Limit Influence of Fossil Fuel Industry at Global Climate Talks
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Climate Change Enables the Spread of a Dangerous Flesh-Eating Bacteria in US Coastal Waters, Study Says
It’s the Features, Stupid: EV Market Share Is Growing Because the Vehicles Keep Getting Better
EPA Spurns Trump-Era Effort to Drop Clean-Air Protections For Plastic Waste Recycling
Former longtime South Carolina congressman John Spratt dies at 82
Kate Middleton Turns Heads in Chic Tennis Ball Green Dress at Wimbledon 2023
Ariana Grande and Dalton Gomez Break Up After 2 Years of Marriage
Amid Continuing Drought, Arizona Is Coming up With New Sources of Water—if Cities Can Afford Them