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DJ Envy's Business Partner Cesar Pina Arrested for Multimillion-Dollar Investment Fraud

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Manage episode 402716862 series 2976294
Content provided by Jayson Thornton, CFP, Jayson Thornton, and CFP. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jayson Thornton, CFP, Jayson Thornton, and CFP or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Financial Advisor Jayson Thornton, CFP and Eli @WhatHappenedToCommonSense -- REACTS -- Cesar Humberto Pina, a New Jersey real estate investor and influencer, a business partner of Power 105.1 DJ Envy was apprehended today on charges related to a substantial Ponzi-like investment fraud scheme. #RealEstateRico The arrest was announced by U.S. Attorney Philip R. Sellinger. Federal officials said Pina, 45, a resident of Franklin Lakes, New Jersey, faces one count of wire fraud, as detailed in a federal complaint. He appeared before U.S. Magistrate Judge Edward S. Kiel in Newark federal court and was subsequently released on a $1 million secured bond with electronic monitoring. The allegations suggest that Pina exploited his celebrity status and extensive social media presence to amass a devoted following of potential victims. Promising unrealistically high returns, he purportedly defrauded numerous individuals out of millions of dollars. Are you looking for ways to improve your financial life? If so, this is the channel for you! On this channel we'll teach you how to live a successful life by learning how to save, payoff debt and invest. We'll start by explaining the basics of money management and financial planning, and then move on to more advanced topics like investing and retirement planning. Subscribing to Pocket Watching with JT and following his tips, you'll have everything you need to live a financially successful life. FREE Consultation! https://www.thorntonadvisor.com/free-consult Got Money Questions? Ask JT https://www.pocketwatcher.net/ FREE Finance Course - Pocket Watcher Academy https://pocketwatcher.teachable.com/p/home Pocket Watcher MERCH! https://pocketwatcher.myspreadshop.com/ Get a Personal Financial Plan! https://forms.gle/JepACZCMpmyUT1po6 Need Tax DEBT Help? https://forms.gle/XQpJLs2E7RrXNEz66 Book a consultation at https://www.pocketwatcher.net/ Call-In Financial Talk Show hosted by Financial Advisor Jayson M. Thornton, CFP. Pocket Watching with JT is all about giving you smart money tips to help you reach your financial goals! *Disclaimer* Financial Coaching during Livestreams is NOT personal financial advice, No CFP-Client relationship is established by calling into the show or submitting a question by email or text. Cash App $PocketWatcherJT email PocketWatcherJT@gmail.com Follow ig @JTPocketWatcher Twitter @JTPocketWatcher Certified Financial Planner owned by POCKET WATCHER LLC

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70 episodes

Artwork
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Manage episode 402716862 series 2976294
Content provided by Jayson Thornton, CFP, Jayson Thornton, and CFP. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jayson Thornton, CFP, Jayson Thornton, and CFP or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Financial Advisor Jayson Thornton, CFP and Eli @WhatHappenedToCommonSense -- REACTS -- Cesar Humberto Pina, a New Jersey real estate investor and influencer, a business partner of Power 105.1 DJ Envy was apprehended today on charges related to a substantial Ponzi-like investment fraud scheme. #RealEstateRico The arrest was announced by U.S. Attorney Philip R. Sellinger. Federal officials said Pina, 45, a resident of Franklin Lakes, New Jersey, faces one count of wire fraud, as detailed in a federal complaint. He appeared before U.S. Magistrate Judge Edward S. Kiel in Newark federal court and was subsequently released on a $1 million secured bond with electronic monitoring. The allegations suggest that Pina exploited his celebrity status and extensive social media presence to amass a devoted following of potential victims. Promising unrealistically high returns, he purportedly defrauded numerous individuals out of millions of dollars. Are you looking for ways to improve your financial life? If so, this is the channel for you! On this channel we'll teach you how to live a successful life by learning how to save, payoff debt and invest. We'll start by explaining the basics of money management and financial planning, and then move on to more advanced topics like investing and retirement planning. Subscribing to Pocket Watching with JT and following his tips, you'll have everything you need to live a financially successful life. FREE Consultation! https://www.thorntonadvisor.com/free-consult Got Money Questions? Ask JT https://www.pocketwatcher.net/ FREE Finance Course - Pocket Watcher Academy https://pocketwatcher.teachable.com/p/home Pocket Watcher MERCH! https://pocketwatcher.myspreadshop.com/ Get a Personal Financial Plan! https://forms.gle/JepACZCMpmyUT1po6 Need Tax DEBT Help? https://forms.gle/XQpJLs2E7RrXNEz66 Book a consultation at https://www.pocketwatcher.net/ Call-In Financial Talk Show hosted by Financial Advisor Jayson M. Thornton, CFP. Pocket Watching with JT is all about giving you smart money tips to help you reach your financial goals! *Disclaimer* Financial Coaching during Livestreams is NOT personal financial advice, No CFP-Client relationship is established by calling into the show or submitting a question by email or text. Cash App $PocketWatcherJT email PocketWatcherJT@gmail.com Follow ig @JTPocketWatcher Twitter @JTPocketWatcher Certified Financial Planner owned by POCKET WATCHER LLC

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