DJ Envy took to the radio airwaves of “The Breakfast Club” on Wednesday to address the mounting and damning real estate fraud accusations against him.
If you’ve been following the show, Envy, whose real name is Rasshaun Casey, often promoted opportunities to partner with him and his friend, Cesar Pina, to invest in real estate and get into the game of “flipping houses.”
Real Estate Scam
Envy and Cesar would host real estate seminars and welcome hundreds of eager people who are willing to take a chance on investing to get closer to their dreams.
Unfortunately, investors are now claiming they have been scammed by Cesar Pina, and some a blaming DJ Envy as well.
Jose Santiago and his wife, Jessica Ortiz, connected with Cesar and invested in a property in a Paterson neighborhood after seeing him with DJ Envy.
“He’s advertising this all over radio and television, so I thought this was legit,” Santiago said. “We invested $200,000 and it looks like we won’t ever get it back.”
Nigel Chamblin also claims he was scammed by Cesar into investing $235,000 into the same Paterson, New Jersey property.
Chamblin also invested in homes in Hawthorne and Maplewood that each required $300,000.
”There were other people investing in these exact same properties,” Chamblin told News 4. “It was a scam, it was a lie.”
Cesar Pina reportedly didn’t even own the properties he had people investing in.
Multiple lawsuits have been filed against Cesar and DJ Envy is also named in some of the lawsuits.
Watch the news report below.
DJ Envy Speaks Out
On Wednesday, DJ Envy decided to address a few things in regard to Cesar Pina and the ongoing accusations of real estate fraud.
He said:
Let me explain some things. My attorneys don’t want me to speak but I think there’s things that I need to clear up a little bit.
Cesar and myself did seminars. Now the reasons why I did these seminars is because I wanted to uplift my community. I wanted to teach my community about real estate, things that I didn’t know when I was first buying my first home.
I wanted to teach our community about investing and in generational wealth. So I did these seminars and brought industry professionals to all these seminars…that’s what I wanted to do for my people.
DJ Envy went on to deny any knowledge of what Cesar was doing.
Now, Cesar? If he took money, I wasn’t privy to it nor did I even know. 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.
In closing, DJ Envy said:
If you read the court documents, Cesar wrote an affidavit that said that ‘DJ Envy..had no knowledge of me investing people’s money. He wasn’t there. He wasn’t part of those conversations, he wasn’t even nowhere in those meetings.’
Those are documents that is out there. So if we are going to talk about truth, let’s talk about the truth.
Watch the clip below.
Envy’s attorney, Massimo D’Angelo, claims the popular DJ is also a victim.
Envy is a victim, just like the other alleged victims are in connection with the scam. He is contending daily with cases that are being filed improperly against him.
Social Media Reacts
DJ Envy has been trending on Twitter (X) as people react to his statement about the real estate scam and his lack of involvement.
Read a few tweets below.
Do you think this real estate fraud case and the attached lawsuits will impact DJ Envy or do you believe he simply got tangled up in Cesar’s web of scams and fraud?
Let me know your thoughts in the comments below, or join the convo on our socials. (Facebook, Instagram).
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