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Saturday, nov 9
Tag:
Power 105.1
Police & Fire
Bergen Biz Partner Of Power 105.1 DJ Envy Busted By Feds In Multi-Million-Dollar Fraud Scheme
A New Jersey real estate investor and influencer who's business partners with Power 105.1 DJ Envy was seized early Wednesday by federal agents who charged him with orchestrating a multimillion-dollar Ponzi-like investment scheme. Promising returns that were too good to be true, Cesar Humberto Piña "exploited celebrity status and social media" to scam dozens of people out of millions of dollars, U.S. Attorney for New Jersey Philip R. Sellinger said on Oct. 18. Piña, 45, who lives in the suburban Bergen County town of Franklin Lakes, craftily "developed a devoted following" whom he then victi…