DJ Envy
Feds Say No Raid Took Place at iHeart Studio

10/20/2023 3:46 PM PT

DJ Envy‘s ex-business partner Cesar Pina was arrested on fraud charges Wednesday … but reports that federal officials raided the iHeartRadio offices and removed electronic equipment are not true … this according to federal law enforcement sources.

Envy’s lawyer Massimo D’Angelo tells TMZ Hip Hop … the reports are yet another example of the “continued sensationalization” in the media to attach his client’s name to this story … even though he insists Envy is one of the victims, not a perpetrator, of the alleged fraud.

Law enforcement sources tell us the same, and a source iHeartMedia also confirmed to us that no equipment was removed from the building.

We’re told the New Jersey Division of the Drug Enforcement Administration and the FBI all had a part in investigating the case and officials were at the offices to alert Envy that Pina had been arrested.

New Jersey Real Estate Investor and Online Influencer Charged with Multimillion-Dollar Investment Fraud Scheme https://t.co/oBYIe5ixDg pic.twitter.com/FBZ72VZiuv

— US Attorney Sellinger (@USAttySellinger) October 18, 2023
@USAttySellinger

Pina was charged with one count of wire fraud … and pleaded not guilty before being released on a $1 million bond.

He’s not allowed to leave the state and is restricted to electronic monitoring.

Envy has not been charged with any crimes and has steadfastly maintained his innocence … claiming he lost $500k of his own money in the deals.

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