Two investors filed a lawsuit against New Jersey-based influencers — Cesar and Jennifer Pina and a radio DJ Envy — with the New Jersey Supreme Court. The investors are seeking compensatory, consequential, and punitive damages based on allegations of fraud. The investors, Anthony Barone and Anthony Martini, accused the influencers of taking a $1.5M investment for an apartment project that never kicked off. - Cesar and Jennifer Pina, who post real projects on social media, are accused of absconding with combined investments made for different projects, including the 50-unit Taylor Apartments on Main Street in Paterson.
- According to the lawsuit, DJ Envy purchased undervalued Paterson homes and either flipped them or rented them out through his partnership with the Pinas.
- The lawsuit alleged the trio began evading the investors after receiving investments for the Taylor Apartments project and accused them of operating a Ponzi scheme.
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