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DJ Envy involved in real estate Ponzi Scheme


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Posted (edited)


The tea, summarised:

 

 


The clowning: (it’s hilarious)

 

 

The self incrimination:

 

 

Roman’s revenge. 

nicki-minaj-laughing.gif

 

Edited by FOCK

Posted

TMZ and Good Morning America already debunked the story about law enforcement raiding iheartradio’s offfices… I’m not sure what Envy did or didn’t do but the amount of misinformation on social media is insane, people need to relax

Posted
5 minutes ago, imabadkid said:

TMZ and Good Morning America already debunked the story about law enforcement raiding iheartradio’s offfices… I’m not sure what Envy did or didn’t do but the amount of misinformation on social media is insane, people need to relax

What was the scheme?

Quote

Prosecutors claim that beginning in 2017, Cesar Pina began taking investments to renovate and resell properties in New Jersey and elsewhere, promising a 20 to 45 percent return on investment in five months. But Pina allegedly siphoned some investments for his personal use and used new investments to pay back old investors. Days before Pina was charged, NBC 4 New York reported on multiple investors who hadn’t received promised payments from the project. Pina reportedly sought investments in properties he didn’t own, scammed multiple investors into paying for the same properties, and, in one case, offered to pay an investor back in jewelry. Pina and his wife, Jennifer, are now facing at least 20 lawsuits.

 

Okay, but was DJ Envy involved?

Quote

Prosecutors claim Pina built credibility by holding real-estate seminars with DJ Envy before he began the alleged flipping scheme. Envy often promoted the project on the “Breakfast Club,” claiming they’ve “helped so many people.” And many of the spurned investors who spoke to NBC 4 said they got involved with the project because of Envy’s co-sign — like Augie Rios, who’s done auto wraps for multiple of Envy’s cars, and Anthony Martini, a producer who knew Envy. Billboard reported that Envy is a co-defendant in nine of the lawsuits against Pina.

X

 

Posted

oh he’s getting cooooked :hoetenks: the clips of him snitching on himself SEVERAL times… Envy, that’s not… :rip:

Posted

Hosting real estate seminars at the golden nugget :deadbanana4:

 

 

Posted

He's gonna get very minimum jail time and has to pay an amount to victims but I doubt he's getting at worst that, at most getting scot-free 

 

I'm surprised BET hasn't dropped the Breakfast Club over this, Envy still on the air during this and Charlemagne not distancing himself from Envy. But I'm assuming it's probably contracts and them waiting til he's actually convicted ( again if it happens)

 

The problem is his involvement is more vocal than on paper and it'll be harder to pin that in court than him actually having paperwork with his name on it next to Pina and the clients they defrauded.

 

But he's an idiot to bring a convicted felon up on the air about selling real estate who admitted that he learned everything from fellow inmate :rip:

Posted

:rip:

Posted

Not Me Whatever GIF by TLC Europe

Posted

Damn, son.

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Posted
3 minutes ago, SmittenCake said:

 

 

 

 

People need to leave her alone. She’s not Annalise Keating 

Posted

Literally every video in the OP is absolutely insane. He's either delusional, a cold liar or just REALLY dumb. I'm sure It's a mix of all 3 that got him here. I'm living for the clips though, you can't make that **** up. :ahh:

Posted
52 minutes ago, barbiegrande said:

People need to leave her alone. She’s not Annalise Keating 

She seems to enjoy the attention 

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