His criminal history will only get himself convictedTrue.. but if he has proof?
The fed game is dirty like that
DJ Envy and Cesar Piña accused of real estate fraud and scamming - FBI ARRESTS CESAR PĨNA FOR WIRE FRAUD
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The fed game is dirty like that
Artificial Intelligence
Not Allen Iverson
Artificial Intelligence
Not Allen Iverson
Had a good runRIP Breakfast Club
Nah this is crazy...iHeart gonna have to fire Envy...they're on his ASS ...the feds DID go to the radio station today.
DJ Envy associate arrested in real estate fraud scheme
The radio personality’s longtime business partner was arrested by federal agents in New Jersey. News 4’s Sarah Wallace reportswww.nbcnewyork.com
Wrap this nikka up
I’ve seen the complaints and all the videos breaking this down and everything reads like this is all Caesars doing. I 100% agree with the public backlash against Envy, breakfast club for this because between this situation Jay Morrison, Brother Polite, Umar, EYL at some point their credibility needs to take a hit for these nikkas they keep promoting to scam our people. But does he deserve jail time? I haven’t seen anything that would make him criminally liable.
Theres no way Envy isn't suspended if not outright fired when the lawsuits start. They'll sue iHeart as endorsing the fraud and Envy will be a bone tossed to settle part of the suits. They're going after ANYONE who even endorsed this shyt to recoup the funds. In fact, Envy basically hid the fact that Cesar scammed him (allegedly) so if he sat on that and didn't tell anyone thats going to look EVEN worse.
iHeart is about to have to break bread to settle these lawsuits. It's going to be nasty.
I bet envy thought the feds were there to get him
He ain’t sleeping tonight. Now he stuck wondering if every passing car a fed truck looking to wrap him up.
That or Funk Flex
beenz
Rap Guerilla
New Jersey Real Estate Investor and Online Influencer Charged with Multimillion-Dollar Investment Fraud Scheme
NEWARK, NJ. – A New Jersey real estate investor and influencer was arrested today for committing a multimillion-dollar Ponzi-like investment fraud scheme.www.justice.gov
NEWARK, NJ. – A New Jersey real estate investor and influencer was arrested today for committing a multimillion-dollar Ponzi-like investment fraud scheme, U.S. Attorney Philip R. Sellinger announced.
Cesar Humberto Pina, 45, of Franklin Lakes, New Jersey, is charged by complaint with one count of wire fraud. He appear before U.S. Magistrate Judge Edward S. Kiel in Newark federal court and was release on $1 million secured bond with electronic monitoring.
Sellinger
“Plain and simple, the defendant ran a fraudulent scheme. They falsely represented the nature of their business and lied about potential investment returns to bilk unsuspecting victims out of millions,” Tammy Tomlins, Special Agent in Charge of IRS – Criminal Investigation Newark Field Office, said. “Today’s arrest highlights IRS Criminal Investigation and our law enforcement partners’ commitment to investigate and prosecute unlawful behavior.”
“We allege Pina offered a ridiculously high rate of return to investors, then took the millions he got and invested it in himself,” FBI – Newark Special Agent in Charge James E. Dennehy said. “History has proven time and again, Ponzi-schemes don't work. The pot of gold at the end of the rainbow eventually runs out. Investors take note – it’s your money, don’t let them steal it.”
According to documents filed in this case and statements made in court:
Pina partnered with a celebrity disc jockey and radio personality to conduct real estate seminars around the country. Through these seminars, self-promotional efforts, and other marketing strategies, Pina developed a significant social media following.
Starting in 2017, Pina began accepting investments from victim investors for the alleged purchase, remodel, and sale of specific real estate projects in New Jersey and other states. To induce his victims, Pina often promised 20 to 45 percent returns on investment within five months. But instead of using victims’ investments as promised, Pina engaged in a Ponzi-like scheme by commingling victim money, using new victim investments to pay off prior victims, and spending victim funds on personal expenditures. The investigation has revealed that Pina defrauded dozens of investors of millions of dollars.
The charge of wire fraud carries a maximum penalty of 20 years in prison and a fine of $250,000, or twice the gross amount of any pecuniary gain that any persons derived from the offense or of any pecuniary loss sustained by any victims of the offense, whichever is greatest.
U.S. Attorney Sellinger credited special agents of the U.S. Attorney’s Office for the District of New Jersey, under the direction of Special Agent in Charge Thomas Mahoney; special agents and task force officers of the U.S. Drug Enforcement Administration, under the direction of Special Agent in Charge Cheryl Ortiz in Newark; postal inspectors of the U.S. Postal Inspection Service in Newark, under the direction of Christopher A. Nielsen, Philadelphia Division; special agents and task force officers of IRS – Criminal Investigation, under the direction of Special Agent in Charge Tammy Tomlins in Newark; and special agents of the FBI, under the direction of Special Agent in Charge James E. Dennehy in Newark, with the investigation leading to the charges. He also thanked the Franklin Lakes Police Department for its assistance in the investigation.
The government is represented by Assistant U.S. Attorneys Mark J. Pesce and Carolyn Silane of the Economic Crimes Unit in Newark.
The charges and allegations contained in the complaint are merely accusations, and the defendant is presumed innocent unless and until proven guilty.
when the feds arrest u, it's a wrap, cuz they NEVER lose.
beenz
Rap Guerilla
beenz
Rap Guerilla
my only question is how much longer is iheart gonna keep him on air, cuz it's getting awfully hot for him right now.