It seems to be like DJ Envy has no downside testifying in opposition to his former enterprise accomplice, Cesar Pina. Cesar is charged with defrauding actual property buyers.
Back in December, the Breakfast Club host additionally confronted potential authorized bother. A choose demanded he present paperwork regarding Pina’s chapter submitting.
DJ Envy To Testify Against Ex-Business Partner
The chapter court docket choose ordered Envy, alleged to have maintained a prolonged enterprise relationship with Pina, to submit the paperwork associated to their transactions.
The choose’s order recommended suspicion of unethical or unlawful actions, implying that Envy and Pina may have probably conspired to defraud collectors.
But Envy, actual identify Raashaun Casey, doesn’t appear nervous. His lawyer reportedly confirmed that they’ve despatched over the entire court-requested paperwork. Furthermore, the radio character is trying ahead to clearing his identify by testifying in opposition to Pina, if required of him.
RELATED: UPDATE: Cesar Pina Says DJ Envy Was ‘Never In The Room’ With Him During Alleged Real Estate Schemes
“We are aware that on December 20, 2023, the Court issued an Order compelling the production of documents demanded in those subpoenas,” his lawyer, Daniel Marchese wrote in court docket docs obtained by All Hip Hop.
The court docket exhibits specific curiosity within the transactions that happened between Envy and Pina across the time of the chapter submitting.
The choose would think about this era essential. Pina may have made any fraudulent transactions throughout this time to protect belongings from inclusion within the chapter report.
“At this time, I am happy to report that on Friday, January 5, 2024, we forwarded our responses and document production to counsel for the Trustee in these aforementioned cases,” Marchese continued.
“Given the professional back-and-forth between counsel and I since then, it would appear that indeed the responses and the production were acknowledged and received by the Trustee. With this writing, I therefore confirm my client’s compliance with Your Honor’s Order. As I offered to Trustee’s counsel, I will likewise offer to the Court that should sworn testimony (in any form) be needed to affirm my client’s responses and production, he would readily oblige.”
Cesar Pina’s Real Estate Fraud Case
Pina is accused of a number of counts of fraud. These embody mortgage fraud, wire fraud, and conspiracy to commit financial institution fraud.
Allegedly, he manipulated property costs to safe bigger loans from banks than have been crucial. Prosecutors are accusing him of utilizing the funds for private bills and investing them in different enterprise ventures.
If these accusations maintain, it will imply Pina had been working a scheme that defrauded individuals out of tens of millions of {dollars}.
According to Vibe, Pina is reportedly contemplating a plea deal. The plea may scale back his costs or lighten his sentence. If Pina chooses to just accept a deal, it will contain an act of contrition to some or the entire costs in opposition to him.
No phrase on what influence the potential plea may have on DJ Envy and his enterprise relationships. Despite his present dissociation from Pina’s fraud case, the result may influence his repute.