Breakfast Club Co-host DJ Envy's Business Associate Arrested Over Multimillion Real Estate Ponzi Scheme

Cesar Pina, DJ Envy's business partner, faces dozens of lawsuits after allegedly defrauding investors of millions in a New Jersey real estate flip; DJ Envy denies involvement and fights to dismiss lawsuits, despite his co-defendant status in nine cases.

• Cesar Pina, business associate of DJ Envy, was arrested for alleged role in a multimillion-dollar real estate fraud scheme known as a Ponzi scheme.
• Pina allegedly used investments raised for renovating and reselling properties for his personal use, and to pay back previous investors.
• DJ Envy, despite being a co-defendant in nine of the lawsuits against Pina and participating in real estate seminars with him, denies any involvement and is making efforts to dismiss the lawsuits.
• Pina faces at least 20 lawsuits and could spend up to 20 years in prison if convicted of wire fraud.
• Following Pina's arrest, the New York office of iHeartRadio was raided by federal officials who seized electronics as part of the investigation.

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