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WELP ! DJ Envy Gets Investigated By News TEAM 12 For Real Estate Ponzi Scheme In NJ/NY


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 5 months ago '11        #140
Sinamatik CFR  topics gone triple plat - Number 1 spot x6
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I'm from Newark, told y'all them n1ggas and crew been poison, it got more widespread once the pandemic kicked in, but yeah it's allegations of real estate fraud with them selling properties they didn't own, lol to the bootleg/janky hedge-fund/ponzi sh1t they had going on too...

I honestly don't think Envy or most involved knew duke was fraudulent.... that's the thing with this whole urban financial literacy/generational wealth scamglommerate

They throw on the freshly copped hood costume, spew a few unfamiliar words about money/finances and you n1ggas fall in love with the gaffle...

It's another big scheme where the scammers have scammed the other scammers... it's immoral, learned behavior that became normalized...
+114   
 5 months ago '22        #139
DIE IN HOU X 
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This the Dominican version of the Tulsa real estate fund?
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 5 months ago '09        #138
ahmadou1  topics gone triple plat - Number 1 spot x2
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 PurpleKush said 🔗
Every investment doesnt make $...now if Envy and PUN guaranteed it then its a problem
They was saying Cesar ainít even use some of that money towards those investments he said he was tho. He just took the bread and ran. One n1gga gave him 150k cash and he said Cesar ainít even count it. Just took it and left
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+103   
 5 months ago '05        #137
7857 page views
139 comments


Dun Language  topics gone triple plat - Number 1 spot x33
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icon WELP ! DJ Envy Gets Investigated By News TEAM 12 For Real Estate Ponzi Scheme In NJ/NY
 

 
YT

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they coming for this n1gga
+100   
 5 months ago '23        #136
EuroTypeSpanish  topics gone triple plat - Number 1 spot x4
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Envy been hella aggy lately, he know jigs is on his ass.
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 5 months ago '04        #135
thegod 
Props total: 18472 18 K  Slaps total: 665 665
Red flag for dude in the video should have been this n1gga saying he was gonna take 150k and in 5 months give him 45k in interest. A "big time" developer like him should have plugs to lenders that he don't need to borrow from random n1ggas and at a super high a$s rate.

A hard money lender would have cost him may 10% or lower for a 150k loan, so that same 5 months would have only cost him 15k (yearly interest) / 12 months x the 5 months he needed the loan = $6250. So offering to pay someone 45k for the same loan that would cost 6k is crazy.

fu#k you giving someone 150k for in cash is beyond me also. n1ggas watch too many movies lol.


Last edited by thegod; 09-20-2023 at 05:17 PM..
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 5 months ago '23        #134
Cyrius 
Props total: 2728 2 K  Slaps total: 147 147
I don't think Envy was privy to the scam, where he fu#ked up was when he was endorsing Cesar for like four years straight without vetting him thoroughly.

Maybe I missed it it, but haven't seen any of the victims say that they gave Envy their money. It's always Cesar.

And Buddy who invested 150k cash so easily is an idiot.


Last edited by Cyrius; 09-20-2023 at 02:56 PM..
+43   
 5 months ago '04        #133
slimboyballer  topics gone triple plat - Number 1 spot x4
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+42   
 5 months ago '07        #132
killacar 
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 5 months ago '22        #131
Murderers  topics gone triple plat - Number 1 spot x48
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Tyrese ready to console shorty when Envy gets locked up.
+33   
 5 months ago '07        #130
PurpleKush 
Props total: 12215 12 K  Slaps total: 2376 2 K
Every investment doesnt make $...now if Envy and PUN guaranteed it then its a problem
+30   
 5 months ago '20        #129
Jayvapes 
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Shoulda stayed off vlad showing off his“1.5 million dollar ford gt”.
+28   
 5 months ago '11        #128
Sinamatik CFR  topics gone triple plat - Number 1 spot x6
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 s550benz said 🔗
That was great. What was the context?
n1gga tried to become a pseudo-feminist and stand by Yee after Yee declined to be seen with Gucci after their first interview went wild and Gucci called duke a bi#ch a$s n1gga for doing so...
+24   
 5 months ago '19        #127
drnarcisse  topics gone triple plat - Number 1 spot x6
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If Star is your opp, you need to have money and connections. Dude is relentless. Also, he has no wife and kids, therefore he has time. lmao
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 5 months ago '13        #126
Commission  topics gone triple plat - Number 1 spot x1
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Envious
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 5 months ago '05        #125
Tha Boss  topics gone triple plat - Number 1 spot x23
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 ahmadou1 said 🔗
They was saying Cesar ainít even use some of that money towards those investments he said he was tho. He just took the bread and ran. One n1gga gave him 150k cash and he said Cesar ainít even count it. Just took it and left
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Why the fu#k would ANYONE do a real estate deal with paper cash money
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if dude didnít realize sh1t was fugazi then, then he deserves to get slapped.
+19   
 5 months ago '04        #124
Tastemaker331  topics gone triple plat - Number 1 spot x36
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 PurpleKush said 🔗
Every investment doesnt make $...now if Envy and PUN guaranteed it then its a problem
Shut the fu#k up boy
Cesar Pina straight up scammed people. Sold properties that he didnít even own
+19   
 5 months ago '15        #123
SmokinBigDope  topics gone triple plat - Number 1 spot x7
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Exactly why he tryna drum up beef wit random r&b singers. He thought we forgot
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+17   
 5 months ago '05        #122
youngvito18 
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 EuroTypeSpanish said 🔗
Envy been hella aggy lately, he know jigs is on his ass.
he's having a bad year

i wish him well, I think he got caught up in Caesars business but I will say he should be held accountable since he was kind of the "voice box" for people to even know who CAesar was

i have a feeling he'll just cooperate with law enforcement if he's clean, it's not like he's a street guy
+15   
 5 months ago '04        #121
SeanP  topics gone triple plat - Number 1 spot x1
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DJ Envy is the Donkey of the Decade.
+14   
 5 months ago '20        #120
Catalinawm 
Props total: 30620 30 K  Slaps total: 2017 2 K
this n1gga envy and his man got n1ggas for 2 mill...then try to say he lost 500k of his own money....naw n1gga you frauded them peoples and sh1t bouta hit the fan
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Top 10 most slapped recently  5 months ago '22        #119
BreakkerSzn  topics gone triple plat - Number 1 spot x109
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🔗

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+12   
 5 months ago '04        #118
collegeboy58 
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Damn G….its wild how n1ggaz like Tony the closer and JT the pocket watcher were called haters for exposing the scammers.
+10   
 5 months ago '10        #117
Delbert Mengel 
Props total: 14665 14 K  Slaps total: 2547 2 K
if someone says if you give me 150k and you'll get back 45k INTEREST in 5 months....run in the opposite direction.
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 5 months ago '05        #116
Daddy Black 
Props total: 20986 20 K  Slaps total: 1824 1 K
Laughed my a$s off when I turned on the news 12 and seent this. Ol crook a$s n1ggas. Envy and his boy done for. Wife gon divorce his bi#ch ass.
+10   
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