Radio DJ's business associate arrested by feds in NJ real estate scheme

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Famous radio host DJ Envy is under scrutiny for promoting a real estate venture of a friend that some investors now say was a scheme.

Investors in a real estate venture promoted by syndicated radio rapper DJ Envy say they've been swindled — and the claims are in the millions of dollarsFederal agents in New Jersey arrested the longtime business partner of popular radio host DJ Envy in connection to an alleged fraudulent real estate venture.

Envy, whose real name is Rashaun Casey, was not charged. But many of the alleged victims say they were influenced by his celebrity.Federal prosecutors said Pina amassed a"significant" social media following through his partnership with Envy to attract his investors. Envy and Pina frequently teamed up for seminars to pitch opportunities to flip properties, often in distressed areas of New Jersey.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 270. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines