Rick Ross Clowns DJ Envy For His Multiple Real Estate Fraud Lawsuits

BYGabriel Bras Nevares22.4K Views
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DJ Envy Real Estate Fraud Lawsuits Rick Ross
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The "Breakfast Club" host allegedly received over a million dollars in investments for a property- and it never came to light.

It's never nice to kick someone while they're down, although a simple Instagram comment isn't too rough of a blow. Moreover, for those unaware, Rick Ross and DJ Envy have some relatively deep-rooted beef thanks to their car show competition earlier this year. Therefore, it's only natural that, at the fall of one, another enters the ring again to have a laugh, albeit for pretty serious reasons. Furthermore, the Breakfast Club cohost recently received two lawsuits against him alleging real estate fraud according to court documents. What's more is that these accusations paint the situation as a potential Ponzi scheme based on the specific claims around this wrongdoing.

Apparently, DJ Envy kept over $1.5 million in investments for a planned apartment project, reports of which first emerged back in 2018. Even though the property never came to be, the suits claim that Envy basically scammed investors into giving up the money with no follow-up. While COVID-19 came up as a potential reason for delay, plaintiffs still rallied against him and his alleged accomplices for stealing money on a false promise. What's more is that one investor demanded his $300K-plus investment back, and of course this overjoyed Rick Ross.

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DJ Envy Accused Of Real Estate Fraud

"Time to tattoo that hairline too," the Maybach Music Group mogul wrote under an Instagram post covering the lawsuits. As much as Rick Ross might find it easy to play around and point fingers quickly, many details of the case still haven't been revealed. Given that, it's probable that DJ Envy will be able to sidestep these issues swiftly, although it's not entirely a sure shot. Whatever the case, this is certainly a strange evolution to their beef. Is this still about cars and reputation, or is this just a business-measuring contest now?

Rick Ross' Response

Regardless, only time will tell how this alleged real estate fraud from the commentary mogul turns out. When it does develop or resolve, we're sure that Ross will be first in line with either a laugh or some other form of jab at Envy. Can't they just get in race cars and get it over with? They probably won't, so check back in with HNHH for the latest news and updates on DJ Envy and Rick Ross.

Read More: DJ Envy Net Worth 2023: What Is “The Breakfast Club” Host Worth?

About The Author
Gabriel Bras Nevares is a music and pop culture news writer for HotNewHipHop. He started in 2022 as a weekend writer and, since joining the team full-time, has developed a strong knowledge in hip-hop news and releases. Whether it’s regular coverage or occasional interviews and album reviews, he continues to search for the most relevant news for his audience and find the best new releases in the genre. What excites him the most is finding pop culture stories of interest, as well as a deeper passion for the art form of hip-hop and its contemporary output. Specifically, Gabriel enjoys the fringes of rap music: the experimental, boundary-pushing, and raw alternatives to the mainstream sound. As a proud native of San Juan, Puerto Rico, he also stays up-to-date with the archipelago’s local scene and its biggest musical exponents in reggaetón, salsa, indie, and beyond. Before working at HotNewHipHop, Gabriel produced multiple short documentaries, artist interviews, venue spotlights, and audio podcasts on a variety of genres and musical figures. Hardcore punk and Go-go music defined much of his coverage during his time at the George Washington University in D.C. His favorite hip-hop artists working today are Tyler, The Creator, Boldy James, JPEGMAFIA, and Earl Sweatshirt.