July 10, 2025 - 18:38
A real estate investor and social media influencer from New Jersey has been indicted for his involvement in a multi-million-dollar fraud scheme reminiscent of a Ponzi operation. Federal prosecutors revealed that Cesar Humberto Pina, known for his online presence as “Flipping NJ,” is facing multiple charges, including two counts of wire fraud and a count of money laundering.
The allegations suggest that Pina was not only engaged in fraudulent real estate practices but also conspired to launder proceeds from drug-related activities. In a shocking twist, he is also accused of bribing a local politician to further his schemes. The indictment paints a troubling picture of deceit and manipulation, with Pina allegedly exploiting his influence and connections for personal gain.
This case highlights the potential for abuse within the real estate industry and serves as a reminder of the legal repercussions that can follow unethical practices. Authorities are continuing their investigation as they seek to hold Pina accountable for his actions.
October 17, 2025 - 00:33
Connecticut Firm Shifts Focus Back to Real Estate After Selling Data Center DivisionA Connecticut-based investment manager is strategically pivoting back to its real estate roots following the recent sale of its data center business. With an ambitious goal of developing $1 billion...
October 16, 2025 - 03:10
Dollar Tree Expands by Repurposing Vacated Retail SpacesDollar Tree is accelerating its growth strategy by moving into real estate previously occupied by other retailers. This shift not only includes traditional retail spaces but also extends to unique...
October 15, 2025 - 17:47
Eric Trump Reveals Plans for Real Estate TokenizationIn a recent interview on CoinDesk TV, Eric Trump, co-founder of World Liberty Financial, announced exciting developments in the realm of real estate and cryptocurrency. He confirmed that his team...
October 15, 2025 - 04:08
Council Upholds Real Estate Tax Rates Amid Rising Property ValuesIn a recent decision, the council has opted to maintain current real estate tax rates, despite calls from some community members to lower them. This decision comes on the heels of new assessments...