Real Estate Influencer Cesar Pina Arrested in NJ Fraud Scheme

1 min read
Source: NorthJersey.com
Real Estate Influencer Cesar Pina Arrested in NJ Fraud Scheme
Photo: NorthJersey.com
TL;DR Summary

Cesar Humberto Pina, a real estate investor and social media influencer from Bergen County, New Jersey, has been arrested and charged with operating a multimillion-dollar Ponzi-like investment fraud scheme. Pina, who gained fame through real estate seminars and had a large following on social media, promised investors returns of up to 45% within five months but did not invest their money as promised. Instead, he used funds from new victims to pay others, operating a Ponzi scheme. Pina is already facing multiple lawsuits from individuals who claim to have been defrauded by him.

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