This week, DJ Envy’s business partner was arrested by authorities after they were both accused of multiple fraud-related offenses involving their real estate firm.
According to a report released on October 18, New Jersey real estate investor Cesar Humberto Pina was detained on suspicion of participating in a wire fraud conspiracy. After appearing before a federal judge in Newark, the 45-year-old was granted freedom on a $1 million secured bail with electronic monitoring.
He is charged with taking advantage of his followers on social media by promising great investment returns and defrauding a number of individuals out of millions of dollars in the process.
Envy addressed these allegations during his radio show and said, “Now Cesar, if he took money, I wasn’t privy to it nor did I even know. But I do understand how people feel if they did give him money because I gave him a lot of money that I didn’t see a dollar of return.”
Do you think DJ Envy is also guilty of fraud?
