real estate scam Archives - New Hip Hop News

DJ Envy Still Listed As A Defendant In Cesar Pina’s Real Estate Fraud Case: Report

January 29, 2024 by newhiphopnews

DJ Envy remains listed as a defendant in Cesar Pina’s alleged real estate fraud case. This news comes despite attorney Philip Guarino filing for dismissal against all but two defendants. According to documents obtained by HipHopDX, Guarino argues that none of his clients have committed any possible crimes.

“Plaintiff’s claim for securities fraud should be dismissed as against all defendants. Plaintiffs fail to allege what defendants, if any, were parties to the contracts that were allegedly breached,” they wrote.

DJ Envy & Cesar Pina Together In N.Y.C.

NEW YORK, NEW YORK – OCTOBER 04: DJ Envy and Cesar. Piña attend Brandon Medford Sales Academy Launch Event on October 04, 2022 in New York City. (Photo by Johnny Nunez/Getty Images for Brandon Medford Enterprises)

The latest update comes after Pina’s legal team recently confirmed that he is willing to testify against his former business partner. The judge in the case had requested a number of documents related to the Breakfast Club co-host’s business dealings with Pina. “At this time, I am happy to report that on Friday, January 5, 2024, we forwarded our responses and document production to counsel for the Trustee in these aforementioned cases,” his attorney, Daniel Marchese, wrote. “Given the professional back-and-forth between counsel and I since then, it would appear that indeed the responses and the production were acknowledged and received by the Trustee. With this writing, I therefore confirm my client’s compliance with Your Honor’s Order. As I offered to Trustee’s counsel, I will likewise offer to the Court that should sworn testimony (in any form) be needed to affirm my client’s responses and production, he would readily oblige.”

DJ Envy Remains Named As A Defendant

DJ Envy still listed in real estate fraud case as other defendants move for dismissal https://t.co/52WCdDsvQr pic.twitter.com/uHuUapgAvm

— HipHopDX (@HipHopDX) January 28, 2024

Envy isn’t facing any charges in connection to his dealings with Pina; however, several lawsuits have named him. Envy has argued he is one of Pina’s “victims” in the alleged real estate scam. Be on the lookout for further updates on DJ Envy and Cesar Pina on HotNewHipHop.

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DJ Envy Might Testify Against Cesar Pina In Real Estate Fraud Case: Report

January 13, 2024 by newhiphopnews

New reports from AllHipHop indicate that DJ Envy might testify against his former business partner Cesar Pina if a judge calls for it in their real estate fraud case. For those unaware, both men face various accusations of wrongdoing for their business practices, allegedly defrauding investors out of millions of dollars. Moreover, back in December, the court ordered the media personality to provide documentation about Pina’s bankruptcy filing and their transactions around this time, as they allegedly had a very close relationship. Despite this suspicion, Envy’s legal team stated that they handed over all requested info, and that he will testify if so required by the legal process.

“We are aware that on December 20, 2023, the Court issued an Order compelling the production of documents demanded in those subpoenas,” DJ Envy’s attorney Daniel Marchese expressed in court documents reportedly obtained by AllHipHop. “At this time, I am happy to report that on Friday, January 5, 2024, we forwarded our responses and document production to counsel for the Trustee in these aforementioned cases. Given the professional back-and-forth between counsel and I since then, it would appear that indeed the responses and the production were acknowledged and received by the Trustee. With this writing, I therefore confirm my client’s compliance with Your Honor’s Order. As I offered to Trustee’s counsel, I will likewise offer to the Court that should sworn testimony (in any form) be needed to affirm my client’s responses and production, he would readily oblige.”

DJ Envy At The 2022 BET Hip-Hop Awards

DJ Envy Cesar Pina Fraud Case Testimony Hip Hop News — ATLANTA, GEORGIA – SEPTEMBER 30: DJ Envy attends the BET Hip Hop Awards 2022 at The Cobb Theater on September 30, 2022 in Atlanta, Georgia. (Photo by Paras Griffin/Getty Images for BET)

Furthermore, this development also elaborates on the schemes that DJ Envy allegedly participated in. For example, Cesar Pina’s several fraud charges include those related to mortgage, wire, and bank conspiracy. Also, prosecutors accused him of shifting property prices to inflate loans from financial institutions, and using these for personal gain and other endeavors. VIBE reported that Pina is considering a plea deal, and he previously claimed Envy played no part in these lawsuits or their accusations. However, it’s unclear what consequences the Breakfast Club host or his ventures could face if this plea deal goes through. After all, this already blemished his reputation.

Meanwhile, the radio commentator voiced concerns with other issues this week alongside his on-air teammate, Charlamagne Tha God. They wondered what the hosting situation of The Breakfast Club will look like after various departures and substitutions. As is the case with this alleged fraud scheme, only time will tell what their future holds. On that note, come back to HNHH for more news and the latest updates on DJ Envy and Cesar Pina.

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Rick Ross Trolls DJ Envy Over Alleged Real Estate Fraud

November 7, 2023 by newhiphopnews

Rick Ross trolled DJ Envy during an interview with Rolling Stone, in which the outlet asked him for his opinion on The Breakfast Club host’s accused role in the alleged real estate scam run by his former business partner Cesar Pina.

“Yo, that was classic. ‘Beige Rage.’ That’s DJ Liquidation. DJ Scammer,” Rozay said in response. “Yo, you’re from New York? Did he scam anyone you know?…You sure? You gotta poll all the older ladies in your family because they said they specifically targeted older women who would stay up late at night and order silver jewelry off the TV. You gotta call all your grandmas and aunties. Those real-estate scams … He’s a thief. It’s unfortunate for the older ladies.”

Rick Ross Performs In Austin

AUSTIN, TEXAS – NOVEMBER 04: Rick Ross performs at the AfroTech Music Stage 2023 at Republic Square Park on November 04, 2023 in Austin, Texas. (Photo by Robin L Marshall/Getty Images)

An attorney for DJ Envy, Massimo F. D’Angelo, addressed Ross’ comments in a statement provided to XXL. “I have served Ross with a cease and desist,” the statement reads. “Obviously his claims are completely fictitious and solely based on his long-standing fight with Envy over his competing car show business.” The comments from both come after Ross and Envy engaged in a public feud, earlier this year, while they both hosted rival car shows.

As for Cesar Pina, police arrested him, last month, with one count of wire fraud. They suspect he has been orchestrating a multimillion-dollar Ponzi scheme disguised as a house-flipping business. Envy helped Pina promote the business on numerous occasions over the years. He, however, has not been charged with anything. Pina has even come forward to proclaim Envy’s innocence. “In all these lawsuits, these 20 lawsuits, DJ Envy was never in the room with me,” he said on Instagram Live. “DJ Envy has nothing to do with any of these 20 lawsuits of these people that are suing me. It f**king sucks, bro. It pisses me off that all these people are bashing DJ Envy…What you gotta understand is, DJ Envy is so successful in hip-hop, as far as a DJ, that people just don’t like him.” Be on the lookout for further updates on Pina’s case on HotNewHipHop.

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Rick Ross Calls DJ Envy “A Lil Dude,” Denies Disrespect

October 28, 2023 by newhiphopnews

During his recent appearance on The Morning Hustle, Rick Ross spoke on his relationship with DJ Envy. On top of their car show beef, the performer’s thrown jabs at Envy for his alleged involvement in a real estate scam on multiple occasions. What seemingly began as playful trolling eventually escalated, particularly following some of the more recent developments. Earlier this month, it was reported that iHeartRadio offices were raided in connection to the case, though the FBI denies this. A source who spoke with TMZ alleged that feds were there to tell Envy that his business parter Cesar Pina had been arrested, however.

While Envy has maintained his innocence, that hasn’t stopped countless fans and peers from chiming in. “15 names on one piece of land, 14 n***as gonna take the stand,” Rick Ross recently spat on Instagram, referencing the alleged scam. While Rick Ross’ comments on the matter appear to have only ramped up, he claims that they’re still all in good fun. “That’s still not even on my skyline,” he explained. “That’s still small talk to Rozay.”

Rick Ross On DJ Envy’s Alleged Ponzi Scheme

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He went on, denying ever getting disrespectful with his comments online. “That’s a lil dude, that’s a lil guy,” he described. “You can see he wasn’t on his A game. He should have just bowed out, tapped out.” Rick Ross continued, telling Lore’l that they should have Envy’s alleged victims on the show. “The old ladies,” he explained. “The old ladies who may be outside in the cold this winter.” He continued to throw shade, appearing to doubt Envy’s claims that he had “nothing to do with” the alleged scam.

What do you think of Rick Ross’ recent comments on DJ Envy? Do you think he’s throwing shade, or simply having fun? Share your thoughts in the comments section down below, and keep an eye on HNHH for more updates.

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Angela Yee Questioned DJ Envy About Real Estate Business In Resurfaced Video

October 25, 2023 by newhiphopnews

DJ Envy’s major real estate scam has become the story that everyone can’t stop talking about. The Breakfast Club co-host was first swept up in the scandal by some crafty local news reporting last month. But at the time it was unclear what his level of involvement was. Now, it’s become a lot clearer that Envy knew more than he was willing to admit to.

Amid DJ Envy being increasingly named in various lawsuits related to real estate fraud scams, dozens of celebs have spoken out against him. Rick Ross led the way when he and Funk Flex lit into the host. They took aim directly at his shady dealings last month and it hasn’t relented since. It was first addressed on The Breakfast Club earlier this month and that’s when things really started to spiral out of control. One of his primary associates was hit with a fraud charge shortly after. Rumors have swirled about an apparent raid on Envy’s iHeartRadio office and The Breakfast Club even looking for a potential new host. Amid the revelations, fans have been pouring through old clips looking for details that look very different with the newfound context. Check out one of those clips below.

Angela Yee Pressures DJ Envy On Real Estate Scheme

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In the clip, DJ Envy explains how he’s trying to give back to the community and educate people. While those comments haven’t aged very well, Angela Yee’s response has. She continually questions him on some of the details with an air of suspicion that seems more than justified in retrospect. It isn’t the only video that fans have been re-examining in the wake of recent news.

There’s another unfortunate clip that fans recently dug up. In that video, Envy offers a free chain to those who would sign up and eventually become victims of the scheme. What do you think of the newly resurfaced video of Angela Yee questioning DJ Envy about his real estate dealings? Let us know in the comment section below.

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DJ Envy Is Innocent, Claims Cesar Pina In New Video

October 25, 2023 by newhiphopnews

DJ Envy and Cesar Pina are two names that have dominated hip-hop discussion. Overall, it has to do with Pina and his alleged real estate scam. He was arrested and subsequently released on bond last week. However, Envy is now being questioned for his alleged role in all of this. After hosting seminars with Pina, many believe Envy is guilty. Last night, Pina went on a livestream and did his best allege Envy’s innocence.

“You have all these people being coerced to sue people affiliated with me just because they are a bigger name,” Pina said. “That’s the situation that breaks my heart. In all these lawsuits, these 20 lawsuits, DJ Envy was never in the room with me. DJ Envy has nothing to do with any of these 20 lawsuits of these people that are suing me. It f**king sucks, bro. It pisses me off that all these people are bashing DJ Envy…What you gotta understand is, DJ Envy is so successful in hip-hop, as far as a DJ, that people just don’t like him.”

Cesar Pina Talks DJ Envy

Subsequently, he spoke on a recent statement from Envy’s lawyer. Overall, Massimo D’Angelo is claiming Envy is a victim. However, Pina does not see it that way at all. “I understand his attorney, his defense to DJ Envy is a victim. That’s the dumbest sh*t I ever heard in my life,” Pina noted “Me and him were partners in the real estate seminars. We are partners in a couple of real estate transactions. That’s it. He’s not a victim. He was my partner. He was an investor.”

These statements could go a long way in helping Envy get out of this matter. However, it still remains to be seen whether or not the law will see it that way. Let us know what you think of this situation, in the comments section below. Additionally, stay tuned to HNHH for more news and updates from around the music world. We will always be sure to keep you informed.

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DJ Envy To Cooperate In Cesar Pina Case, Attorney Calls Radio Host A “Victim”

October 25, 2023 by newhiphopnews

DJ Envy is currently being investigated as part of the arrest of Cesar Pina. For those who don’t know, Pina stands accused of running a real estate scheme. Overall, it is alleged that Pina committed wire fraud and stole money from investors. Envy was Pina’s business partner and the two could be seen in various videos together. However, Envy has maintained his innocence this whole time. In fact, he believes he is a victim in all of this as Pina made off with his money, as well.

This belief was recently corroborated by Envy’s lawyer, Massimo D’Angelo. While speaking to XXL, D’Angelo explained that Envy believes he is a victim. Furthermore, he intends to cooperate completely with the investigation. “DJ Envy is a victim of the purported fraudulent real estate scheme and sits in the same shoes of the other victims, and, of course, he will assist and cooperate to get his investment back, along with those of the other alleged victims,” D’Angelo said to XXL.

DJ Envy Maintains Innocence

ATLANTA, GEORGIA – SEPTEMBER 30: DJ Envy attends the BET Hip Hop Awards 2022 at The Cobb Theater on September 30, 2022 in Atlanta, Georgia. (Photo by Paras Griffin/Getty Images for BET)

Overall, this statement by D’Angelo is very much in line with everything else that Envy has said in the past. For instance, Envy was on The Breakfast Club where he said all he wanted to do was “uplift” his community. Although his legal representation has told him to stay quiet on all of this, he does seem eager to clear his name. Given his connections to Pina, and the public videos of the two together, a lot of damage has already been done in the public eye.

This is still a developing story with plenty of moving parts. Having said that, be sure to stay tuned to HNHH for the latest news and updates from around the music world. We will always be sure to keep you informed. Additionally, let us know what you think of all this, in the comments below.

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