DJ Envy Among Those Caught Up In Real Estate Flipping Scam

BYLavender AlexandriaPublished on September 19, 202318.4K Views

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HAMPTON, VIRGINIA - OCTOBER 22: DJ Envy performs at Hampton Homecoming Historically Better: powered by Pepsi Stronger Together and Doritos SOLID BLACK at Hampton University on October 22, 2022 in Hampton, Virginia. (Photo by Tasos Katopodis/Getty Images for Pepsi Stronger Together)

DJ Envy's role in the scam is up for debate.

A new piece of investigative reporting is unveiling a real estate flipping scheme that's stolen money from dozens of people. The scheme centers around Cesar Pena, who they describe as a social media influencer known for his seminars about real estate. In the report, they claim that Pena was taking money from investors with the promise of quick massive gains and then never paying them back. They cite at least 12 different lawsuits filed against him and interview two of the victims of his scam.

That's where DJ Envy gets involved. Envy has appeared alongside Pena at numerous talks before and pictures of the two together made the rounds on social media. While many suspected that he was part of the scheme as a result of their association, his lawyer claims that he is also a victim. "DJ Envy also gave $500k as an investment, which he has not received back yet." The report also claims that Pena was collecting investments for properties that he never owned or had already sold. The lawsuits filed against him already amount to more than $10 million. Check out the full report below,

DJ Envy Caught Up In $10 Million Real Estate Scheme

Unsurprisingly, fans had jokes in the comments. "N*gga got scammed by 'dm me you won'," and "Envy playing the 'let me help you look for it' card," some of the top comments read. That second post hits on a theme running throughout the comments, suspecting that Envy is in on it. "I like how you tried to save Envy's name Ak, but idk if he got scammed like the other people."

Envy's involvement is a major point of contention for anyone discussing the scam online. It's hard for fans to get their hands on much concrete evidence. Despite that, there's still plenty of debate as to whether Envy is getting scammed or doing the scamming. What do you think of DJ Envy being involved in a major real estate flipping scam? Let us know in the comment section below.

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About The Author

Lavender Alexandria

Lavender Alexandria is a music and culture journalist based in Los Angeles, California. She’s covered dozens of musical genres and styles from the most mainstream to the most experimental and underground on her blog and accompanying YouTube channel that looks at music, pop culture, and Billboard charts since 2017: Lav’s Music Corner. Lavender has produced editorial and listicle content both in written and video form over the past far years and has also interviewed up-and-coming artists like Censored Dialogue. Her experiences covering culture have taken her from Hyperpop parties in LA to underground rap shows in Atlanta, to DIY punk shows in Charlotte. Lavender has also written for iHeartRadio, covering some of the biggest artists in Hip Hop such as Ice Spice, Drake, Doja Cat and Cardi B. She also has bylines with ScreenRant and continues to write for Ringtone magazine. Lavender is a lifelong Charlotte Hornets fan and her favorite rap artists include Clipping, Little Simz, Earl Sweatshirt, and Kendrick Lamar.