DJ Envy and his business partner Cesar Pina have denied allegations they ran a real estate scam, robbing their clients of millions of dollars.
Pina is facing allegations against him of financial mismanagement involving his clients’ funds and by default, DJ Envy’s name has been dragged into the controversy because they are business partners.
Pina’s clients have taken to social media to claims that they have lost as much as $1,000000 while working with him.
“I honestly don’t know that’s between them and whatever happened. But did I say, ‘There, take this money and give it to this person or do this with this money?’ I never did,” Envy said on Instagram Live. “If you ever came to my seminar, I tell everybody, ‘Everybody on this stage, whether it’s credit, prepare, or it’s a conventional lender, do your homework because I don’t trust anybody.’ If you’ve been to my seminars, I say that a million times.”
Pina also addressed the mess, even apologizing to DJ Envy:
“It’s not a secret that my relationship with DJ Envy extends beyond the turntables and into the real estate market. However, it’s critical to clarify that he was never involved in any deals, negotiations, or partnerships that have come into question. I’m sorry to my wife, my family, DJ Envy and Envy’s entire family. I love you guys and I’m sorry that individuals with nothing to lose are trying to bring you down.”
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