Popular radio personality DJ Envy of New York-based Power 105.1 FM has come under fire for his connection to accused real estate investment fraudster Cesar Pina.
Pina, the office said, would guarantee lenders huge payoffs for their investments in purchasing and remodeling projects. Then, once he had the money in hand, he would spend that money instead on paying off old debts and personal expenditures. "These are working class folks. These are not wealthy individuals," said Alexander Schachtel, the attorney representing nine claimants against DJ Envy, Pina and others they accuse of being in on the scheme.wide audience, Envy has a responsibility to see the victims recompensed.
D'Angelo said that Envy invested $500,000 in a parcel of real estate with Pina, on which he never saw a return. Deangelo is one of the nine claimants the attorney, Schachtel, is representing in the suit that includes Envy.