DJ Envy seeks dismissal of real estate fraud lawsuit, asserting he lost $500K in the process. He, along with Cesar and Jennifer Pina, faces legal action by Anthony Barone and Anthony Martini, who allege being defrauded of $1.5 million for a non-existent apartment complex project.
The accused supposedly took the money from the Taylor Company and Flip 2 Dao ventures without delivering on the project. Moreover, Envy stands accused of undervaluing and then flipping or renting properties in Paterson, NJ.
Envy denies being an employee or representative of Taylor Company or Flip 2 Dao, stating that his celebrity status led to his inclusion in the lawsuit. Cesar Pina supports this claim, confirming that Envy was never employed by Flip 2 Dao.
Envy further reveals that he too was a victim, losing $500,000 in a separate project with the Pinas to renovate a former school into an apartment building. However, he alleges that they failed to deliver on their promises, leaving him with no returns or dividends.
The court hearing is scheduled for September 8 to resolve the dispute.