Blog
EXCLUSIVE: Cesar Pina Tries To Wiggle Out Of Legal Mess With Plea Deal
![Avatar photo](https://celebrityhiphop.com/wp-content/uploads/2024/04/Screen-Shot-2023-01-05-at-12.40.34-AM-150x150.png)
Published
3 months agoon
![](https://i3.wp.com/allhiphop.com/wp-content/uploads/2024/03/Cesar-Pina_20240310_150243_0000.png?w=1200&resize=1200,0&ssl=1)
DJ Envy’s former business partner Cesar Pina entered plea deal negotiations in an investment fraud case. According to court documents obtained by AllHipHop, Judge Leda Dunn Wettre ordered a continuance to allow prosecutors more time to work out a deal with Pina on Monday (April 29).
“Plea negotiations are currently in progress, and both the United States and the defendant desire additional time to negotiate a plea agreement, which would render grand jury proceedings and a trial in this matter unnecessary,” the order noted. “Thus, the ends of justice served by granting the continuance and preventing any further non-excludable days from passing … outweigh the best interest of the public and the defendant in a speedy trial.”
Pina was arrested for running a multimillion-dollar Ponzi scheme in 2023. He was charged by complaint with one count of wire fraud.
Prosecutors accused Pina of defrauding dozens of investors of millions of dollars. Authorities said he used DJ Envy’s celebrity status to promote real estate ventures controlled by Pina, who started accepting investments from victims in 2017.
“We allege Pina offered a ridiculously high rate of return to investors, then took the millions he got and invested it in himself,” the FBI’s James E. Dennehy said. “History has proven time and again, Ponzi schemes don’t work. The pot of gold at the end of the rainbow eventually runs out. Investors take note – it’s your money, don’t let them steal it.”
DJ Envy was never charged in connection to the investment scam. He denied any wrongdoing.
“Cesar, if he took money, I wasn’t privy to it, nor did I even know,” DJ Envy said. “But I do understand how people feel if they did give him money because I gave him a lot of money that I didn’t see a dollar of return. For anyone to say I was involved, that is totally not true.”
Last year, Pina was released on a $1 million bond. He faces up to 20 years in prison for wire fraud.
Justin Ivey
Source link
![](https://i2.wp.com/allhiphop.com/wp-content/uploads/2024/07/Copy-of-AHH-Feature-Art-223.jpg?w=80&resize=80,80&ssl=1)
White Women For Kamala Harris Break Records
![](https://i0.wp.com/allhiphop.com/wp-content/uploads/2023/11/Kim-Kardashian-1.jpg?w=80&resize=80,80&ssl=1)
Kim Kardashian Calls Manager-Mother Kris Jenner “Lazy”
![](https://i0.wp.com/allhiphop.com/wp-content/uploads/2023/12/Rick-Ross-50-Cent.png?w=80&resize=80,80&ssl=1)
Rick Ross Trolls 50 Cent Over Travis Scott & Cuban Link Dating Rumor
![](https://i2.wp.com/www.billboard.com/wp-content/uploads/2024/07/The-Outsiders-on-Broadway-Matthew-Murphy-billboard-pro-1260.jpg?w=1024&w=80&resize=80,80&ssl=1)
‘The Outsiders’ Hits No. 1 on Billboard’s Cast Albums Chart
![](https://i3.wp.com/www.billboard.com/wp-content/uploads/2024/07/TEAM-KOREA-OFFICIAL-DIGITAL-FLAG-2024-billboard-1548.jpg?w=1024&w=80&resize=80,80&ssl=1)
How HYBE’s IPX Business Unit Brought a Unique Aspect of K-Pop Fandom to the Paris 2024 Olympics Games
![](https://celebrityhiphop.com/wp-content/uploads/2024/06/img-8621-80x80.jpg)
TREBLE: Chicago’s Rising Star in R&B
![](https://celebrityhiphop.com/wp-content/uploads/2024/06/troche4-80x80.jpg)
Troche: From Chicago’s Streets to Music Stardom – An Exclusive Interview
![](https://celebrityhiphop.com/wp-content/uploads/2024/05/mac-nif-e1717092450887-80x80.jpeg)
Exclusive Interview with Mac Nif
![](https://celebrityhiphop.com/wp-content/uploads/2024/05/octavion-davis-80x80.jpeg)
OCTAVION DAVIS: RISING ARTIST PAVES THE WAY FOR THE FUTURE OF HIP-HOP
![](https://celebrityhiphop.com/wp-content/uploads/2024/05/img-8581-e1690854414720-696x580-1-80x80.jpeg)
From Radio Waves to Vintage Fashion Craze: Gillette W.T.N Vintage Sets New Records in 2023
![](https://i0.wp.com/res.cloudinary.com/glide/image/fetch/https%3A%2F%2Fi.ytimg.com%2Fvi%2FnL5W5Xi5jq8%2Fmaxresdefault.jpg?w=80&resize=80,80&ssl=1)
Eminem – Trouble [Official Audio]
![](https://i3.wp.com/res.cloudinary.com/glide/image/fetch/https%3A%2F%2Fi.ytimg.com%2Fvi%2FQZVEGqhfS20%2Fmaxresdefault.jpg?w=80&resize=80,80&ssl=1)
Eminem – Road Rage (feat. Dem Jointz & Sly Pyper) [Official Audio]
![](https://i2.wp.com/res.cloudinary.com/glide/image/fetch/https%3A%2F%2Fi.ytimg.com%2Fvi%2F-vkqC72sAkU%2Fmaxresdefault.jpg?w=80&resize=80,80&ssl=1)
Eminem – Head Honcho (feat. Ez Mil) [Official Audio]
![](https://i0.wp.com/res.cloudinary.com/glide/image/fetch/https%3A%2F%2Fi.ytimg.com%2Fvi%2FJykMn5uo9W0%2Fhqdefault.jpg?w=80&resize=80,80&ssl=1)
Tom MacDonald – “Heroes”
![](https://i1.wp.com/res.cloudinary.com/glide/image/fetch/https%3A%2F%2Fi.ytimg.com%2Fvi%2F7hlz2S2GmIY%2Fmaxresdefault.jpg?w=80&resize=80,80&ssl=1)
Veeze – F.A.F (ft. Rylo Rodriguez) [Official Music Video]
TRENDING
![](https://i2.wp.com/allhiphop.com/wp-content/uploads/2024/07/Copy-of-AHH-Feature-Art-223.jpg?w=400&resize=400,240&ssl=1)
![](https://i2.wp.com/allhiphop.com/wp-content/uploads/2024/07/Copy-of-AHH-Feature-Art-223.jpg?w=80&resize=80,80&ssl=1)
White Women For Kamala Harris Break Records
Earlier this week, Black women convened to raise, millions of dollars for Kamala Harris ($1.5 million in three hours), and...
![](https://i0.wp.com/allhiphop.com/wp-content/uploads/2023/11/Kim-Kardashian-1.jpg?w=400&resize=400,240&ssl=1)
![](https://i0.wp.com/allhiphop.com/wp-content/uploads/2023/11/Kim-Kardashian-1.jpg?w=80&resize=80,80&ssl=1)
Kim Kardashian Calls Manager-Mother Kris Jenner “Lazy”
Kim Kardashian took aim at her mother, Kris Jenner, in an eye-opening trailer for the Season 5 finale of The...
![](https://i0.wp.com/allhiphop.com/wp-content/uploads/2023/12/Rick-Ross-50-Cent.png?w=400&resize=400,240&ssl=1)
![](https://i0.wp.com/allhiphop.com/wp-content/uploads/2023/12/Rick-Ross-50-Cent.png?w=80&resize=80,80&ssl=1)
Rick Ross Trolls 50 Cent Over Travis Scott & Cuban Link Dating Rumor
Rick Ross mocked his longtime foe 50 Cent over rumors of Travis Scott dating the G-Unit rapper’s ex-girlfriend Cuban Link...
![](https://i2.wp.com/www.billboard.com/wp-content/uploads/2024/07/The-Outsiders-on-Broadway-Matthew-Murphy-billboard-pro-1260.jpg?w=1024&w=400&resize=400,240&ssl=1)
![](https://i2.wp.com/www.billboard.com/wp-content/uploads/2024/07/The-Outsiders-on-Broadway-Matthew-Murphy-billboard-pro-1260.jpg?w=1024&w=80&resize=80,80&ssl=1)
‘The Outsiders’ Hits No. 1 on Billboard’s Cast Albums Chart
A month after The Outsiders: A New Musical took home four Tony Awards, including best musical, the original Broadway cast...
![](https://i3.wp.com/www.billboard.com/wp-content/uploads/2024/07/TEAM-KOREA-OFFICIAL-DIGITAL-FLAG-2024-billboard-1548.jpg?w=1024&w=400&resize=400,240&ssl=1)
![](https://i3.wp.com/www.billboard.com/wp-content/uploads/2024/07/TEAM-KOREA-OFFICIAL-DIGITAL-FLAG-2024-billboard-1548.jpg?w=1024&w=80&resize=80,80&ssl=1)
How HYBE’s IPX Business Unit Brought a Unique Aspect of K-Pop Fandom to the Paris 2024 Olympics Games
If you’ve ever attended a K-pop concert, holding an artist’s official “light stick” is a crucial aspect of the viewing...