The Breakfast Club host is facing accusations that he aided a New Jersey house-flipper who lost investors millions. He says those claims are false and defamatory.
of being complicit in a multi-million dollar real estate investment scam in New Jersey, the situation has turned into a sprawling web ofIn at least 20 civil cases filed in recent months, dozens of investors claim that Cesar Pina and wife Jennifer Pina, New Jersey developers with famous friends, ripped them off — either through failed house flipping, a stalled apartment development project, or a startup they said would empower small investments in real estate.
“People always ask, how can I invest with you guys? And we never take anybody’s money,” Envy told listeners. “Now there will be a way where people can actually invest to be a part owner on some of the projects that we actually buy.”Back in May, an Instagram account called TonyTheCloser began making serious allegations of wrongdoing against Pina.
Martini, the music executive, also filed his case in July. Joined by another spurned investor named Anthony Barone, their lawyers claimed they had lost $1.5 million after Pina duped them into investing in a massive, 50-unit apartment project in Paterson that was never completed, as well as another $300,000 that they invested in the Flip 2 Dao platform.
“The plaintiff in this case is boldly seeking the court’s assistance to recover damages and attorneys’ fees for loansharking, even after it has been paid amounts in excess of New Jersey’s criminal usurious laws,” Griegel wrote in one case. “Obviously, the court should not be a part of validating this.”Since immediately after the allegations first cropped up in May, DJ Envy has denied that he did anything wrong, including during an interview with TonyTheCloser on an Instagram livestream.
Legally speaking, Envy’s lawyers say that behavior simply does not rise to the level of active endorsement or direct involvement that would put their client on the hook for Pina’s alleged scheme. They say the DJ and his show were “used” by Pina, just like other media outlets and celebrities.
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