BREAKING: The FBI Just Raided DJ Envy's Breakfast Club Studio
DJ Envy’s business partner was taken into police custody this week amid several fraud charges brought against both regarding their endeavors in real estate.
On Wednesday (October 18), RLS Media reported that New Jersey property investor Cesar Humberto Pina was arrested on charges relating to a wire-fraud scheme. The 45-year-old was released on a $1million secured bond with electronic monitoring after appearing in a Newark federal court.
He is being accused of using his reach on social media to take advantage of his followers, promising high investment returns and allegedly tricking several people out of millions of dollars in the process.
Case documents and legal statements have revealed that Pina and the radio host are being investigated for seminars they’ve held across the country to entice and subsequently defraud investors.
Earlier this month, Envy addressed the fraud allegations that have spawned several lawsuits against him and Pina. Against his legal team’s wishes, he took to the mic on The Breakfast Club in early October to clear the air regarding the accusations.
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