November 18th 2023.
Latin music superstar Don Omar has filed a lawsuit with the Eleventh Judicial Circuit in Florida against Cesar Pina, the business partner of DJ Envy from the Breakfast Club, seeking $2 million in damages. Omar's company, Prime Platinum Investments, has alleged breach of contract, fraudulent inducement, and unjust enrichment in the lawsuit.
The suit claims that Omar had invested in real estate properties in New Jersey and Florida due to DJ Envy's "stamp of approval," but Pina never provided any documents regarding the deal. The singer was never given any documents relevant to the acquisition, renovation, or rental of the properties.
Omar and Pina had allegedly engaged in a series of real estate deals that saw Omar's company purchase property through Pina's company in Paterson, Chicago, and Miami. The lawsuit claims that Omar purchased part of Pina's company for $2 million in August 2022 and that Pina was supposed to buy and flip three real estate properties in Chicago in three months while finding tenants to rent out the units. However, the agreement was never honored.
The lawsuit also mentions that Pina is facing a federal criminal case, in which he is alleged to have used similar methods to defraud clients. He is accused of offering them a deal that promised a 20-45% return on investment within five months, which turned out to be a Ponzi scheme.
Carlos Friger, Omar's lawyer, told the Daily Beast, “Where there is smoke, there is fire.” Alexander Schachtel, who represents nine people claiming that Pina defrauded them, told NPR that DJ Envy should not be let off the hook. He noted that most of the alleged victims of Pina's scheme are Black and Latine men, the largest demographic of The Breakfast Club's listeners.
Schachtel also said, “He needs to realize that when you hold yourself out and you tell members of the public who look up to you, who listen to your radio show, who go to seminars that you co-host with Cesar Pina, that hear you on social media, on the radio, in person, describe yourself as Cesar’s business partner and tout Cesar Pina’s real estate expertise and otherwise endorse and boost and hold yourself out to people as Cesar’s partner, that you are attaching yourself to Cesar as as a matter of law.”
The lawsuit against Cesar Pina comes on the heels of Pina filing a $10 million defamation lawsuit against social media influencer Anthony Robinson, also known as Tony The Closer. Pina has denied all allegations made against him and was released from custody after posting a $1 million bond. This lawsuit is just the latest in a series of accusations against Pina as several others have alleged that he used the endorsement of The Breakfast Club’s DJ Envy to facilitate his pilfering of investment money.
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