DJ Envy is defended by accused fraudster and ‘partner’ Cesar Pina amid lawsuits and federal charges: ‘DJ Envy has nothing to do with’ charges

DJ Envy received a surprising vote of confidence on Tuesday – from the accused fraudster with whom he has been charged in a “Ponzi-like investment fraud scheme.”

The 46-year-old Breakfast Club co-host was defended by famed house flipper Cesar Pina in an Instagram Live video in which he claimed that Envy (real name: RaaShaun Casey) was not involved in the business deals cited as examples of his alleged fraud.

However, Pina also fired back at his “business partner” for his claims that he was one of the alleged victims of his investment fraud.

Pina stood up for his friend just days after the offices of iHeartMedia, which puts on Envy’s show, were raided by federal agents.

Although Envy has not been charged along with Pina, he is listed in the criminal complaint as “Individual-1” and described as Pina’s business partner.

Not involved? Pina, who has also been hit with federal charges over the alleged fraud scheme, said: ‘Envy was never in the room with me’ in defending his friend

Although he has apparently escaped criminal charges at this time, he is listed as a co-defendant in lawsuits against Pina.

The house flipper is accused of promising big returns on real estate investments in New Jersey, but the investors suing him claim they received little to nothing for their investments.

He allegedly promised high returns of 20 to 45 percent for flipping houses, but instead of reinvesting the profits, he allegedly used some of the money for himself, while other funds were used to pay off investors from previous deals , which authorities likened to a Ponzi scheme.

Although people initially shared their complaints about Pina’s return on social media, he has now been charged at least twenty times.

One attorney claimed that at least 30 people are suing him, with Pina and his wife seeking more than $40 million. Billboard.

DJ Envy appears to be on the radar of many of these allegedly defrauded investors, as he regularly promoted Pina on The Breakfast Club, and the criminal complaint against Pina says he worked with the disgraced businessman to organize seminars in which he promoted his real estate acumen and encouraged investors to entrust their money to him.

But Pina said during his IG live that Envy was not directly involved in his business affairs, although he did not appear to confirm or deny his alleged guilt.

“DJ Envy was never in the room with me,” Pina claimed on the livestream. “DJ Envy has nothing to do with the 20 lawsuits from these people suing me. It sucks, bro. It pisses me off that all these people are bashing DJ Envy.”

However, he also denied Envy and his lawyer’s claim that the radio host was a potential victim of the alleged scheme.

He has said he knew nothing about the alleged scheme, while also claiming he lost $500,000 he invested in one of Pina’s real estate deals.

“That’s the dumbest s*** I’ve ever heard in my life,” the flipper replied. ‘He’s not a victim. He was my partner, he was an investor.”

‘Ponzi-like scheme’: Pina is accused of promising sky-high returns on New Jersey home investments, but delivering little to nothing for investors. The FBI and civil lawsuits allege he took some of the profits and paid off previous investors; Envy and Pinsa seen in October 2022 in NYC

Pulling Him Back In: ​​Pina also lashed out at Envy’s claims that he was a victim. “That’s the dumbest s*** I’ve ever heard in my life,” the flipper replied. ‘He’s not a victim. He was my partner, he was an investor.”

Tightly intertwined: the indictment calls Envy “Individual-1” and accuses him of using his radio show to repeatedly promote Pina, as well as giving seminars to convince people to give him money; pictured in April 2022 in NYC

Pina spent the rest of the livestream defending herself and claiming innocence.

He also lashed out at some investors who are suing him or helping the government make its case for him again. He claimed that their efforts made it less likely that he would profit from his home investments, meaning they were also less likely to see a dime in profits.

“And guess what, you damn geniuses? Now the government is involved. Now the government comes in and says, ‘We’re suspending all these trials until your criminal proceedings are completed,'” Pina said.

“So guess what? From a year to two years before you get paid – now it can take three to five years! And you’ll be lucky if you see anything. This is the most r****ds*** in the world,” he added.