Envy wants us to believe he was a useful idiot in this scheme, especially now that the feds have confiscated iHeartRadio equipment and are looking into his involvement. But I’ll always go back to t…
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Real-estate investor Cesar Pina found his: His business partner DJ Envy touted him as a mogul on Envy’s iHeartRadio show, “The Breakfast Club.” “Pina exploited celebrity status and social media to develop a devoted following of potential victims. Promising returns that were too good to be true, Pina allegedly defrauded dozens of people of millions of dollars,” stated New Jersey’s US attorney.An FBI agent said Pina allegedly “offered a ridiculously high rate of return to investors, then took the millions he got and invested it in himself.”
“Cesar? If he took money, I wasn’t privy to it nor did I even know,” DJ Envy told his co-host, Charlamagne tha God, on air. “But I do understand how people feel if they did give him money because I gave him a lot of money that I didn’t see a dollar of returned. But for anybody to say I was involved, that is totally not true. I would never.
We’re supposed to believe that throughout this entire alleged Ponzi scheme, Envy never had any suspicion as to the properties that were supposed to be remodeled or even purchased that never were. Instead, Envy summarized their transactional dealings thus: “Some have been great, some haven’t been. When people invest money, sometimes it goes like this.”Envy has one of the largest media platforms in the country, but when the time came to address this situation, he chose to focus on himself, not the people who were hurt by the man he platformed.
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