Photograph Credit score: Khürt Williams
After federal brokers arrested Cesar Pina for allegedly working a Ponzi scheme disguised as a house-flipping enterprise, DJ Envy acquired a subpoena associated to the case.
The favored radio character might face time behind bars if he fails to adjust to the court-ordered subpoena of monetary paperwork associated to his dealings with Cesar Pina. DJ Envy promoted the corporate on his radio present ‘The Breakfast Membership.’ He has till January 8 to supply paperwork requested by the courtroom. Pina filed for chapter in August.
“Ought to Cesar Pina, Jennifer Iturralde Pina, and/or Raashaun Casey (DJ Envy) fail to supply full and full responses to the requests… the trustee shall file a discover of default with the courtroom, at which period the courtroom could convene a listening to to deal with acceptable sanctions in opposition to Cesar Pina, Jennifer Iturralde Pina, and Raashaun Casey for contempt of this courtroom’s order,” the submitting reads.
Cesar Pina was arrested in October 2023 for wire fraud in connection to his actual property ventures. DJ Envy claims that he was a sufferer of Pina’s real-state rip-off, which defrauded buyers of tens of millions of {dollars}. However his former companion has taken to social media to refute these claims, saying the protection is bogus.
“DJ Envy’s legal professional protection that DJ Envy is a sufferer—that’s the dumbest shit I ever heard in my life,” Pina mentioned throughout an Instagram Dwell stream. “Me and him have been companions in the actual property seminars, we have been companions in a few actual property transactions. That’s it. He’s not a sufferer. He was my companion, he was an investor.”
DJ Envy alleges he misplaced $500,000 in the actual property scheme after hiring Cesar and his spouse to renovate and reposition a former college into an house constructing. These claims surfaced in one other lawsuit from two buyers who say they have been defrauded of $1.5 million when that house advanced by no means materialized.