Cesar Pina is negotiating a plea take care of federal authorities regarding his alleged actual property scams, per courtroom paperwork. As The Shade Room beforehand reported, Pina has been accused of defrauding dozens of individuals of hundreds of thousands of {dollars} in relation to actual property investments.
Pina was arrested and charged with one rely of wire fraud in October.
Extra Particulars Concerning The Latest Submitting In Cesar Pina’s Case
In line with courtroom paperwork obtained by AllHipHop, Pina is “trying to strike a plea take care of federal prosecutors.” Screenshots shared in a tweet on Thursday, January 4, by actual property investor Tony “The Nearer” point out that an “Order of Continuance” submitting was made on December 27, 2023.
In line with Cornell Regulation College, a continuance is “what a courtroom might grant to delay proceedings till a later date.”
The submitting suggests a continuance has been granted as soon as earlier than in Pina’s case. Nevertheless, his counsel has requested one other in an “try and resolve” the case and “keep away from a trial.”
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Counsel for the events represented that this extra continuance is important for efficient preparation and to allow the events to try to resolve this case previous to indictment and thereby keep away from a trial,” clause three of the submitting reads.
The submitting goes on to claim that Counsel for the USA has additionally discovered that “this continuance is important.”
Moreover, Pina has given consent for this continuance.
Extra Particulars Concerning The Fraud Suspect’s Reported Plea Deal
The order of continuance then asserts that the Court docket has granted the order of continuance for 3 explicit causes.
One of many causes states that “plea negotiations are at present in progress for Pina.”
“…The circumstances of this case require giving protection counsel an inexpensive quantity of further time for efficient preparation,” the submitting reads. “Plea negotiations are at present in progress, and each the USA and the defendant want further time to barter a plea settlement, which might render grand jury proceedings and a trial on this matter pointless… Thus the ends of justice served by granting continuance… outweigh the very best curiosity of the general public and the defendant in a speedy trial.”
In the end, the order of continuance was granted to Pina and each counsel groups with a deadline of Thursday, February 29.
🚨 Breaking Information: In a major improvement within the case involving Cesar Humberto Pina, enterprise accomplice of DJ Envy, the U.S. District Court docket in New Jersey has granted a continuance till February 29, 2024. Plea negotiations are underway, aiming to resolve the case earlier than… pic.twitter.com/tmXWBe6aTE
— Tony “The Nearer” Robinson (@tonythecloser_) January 5, 2024
As The Shade Room beforehand reported, Pina initially confronted as much as twenty years in jail if convicted of wire fraud. Moreover, he was additionally fined $250,000.
DJ Envy Is Additionally Going through Potential Arrest
Pina’s enterprise affiliate, DJ Envy, has additionally discovered himself in sizzling water in relation to Pina’s alleged crimes. As The Shade Room beforehand reported, Envy promoted Pina’s actual property funding alternatives on the nationally syndicated radio present, ‘The Breakfast Membership.’
Since then, victims of Pina’s alleged scams alleged they wouldn’t have participated had it not been for Envy’s endorsement.
Envy has not been hit with prices in relation to the case. Nevertheless, he has been ordered to supply “communications and paperwork” associated to Pina’s industrial chapter submitting by Monday, January 8.
If Envy doesn’t comply earlier than that deadline, he could also be arrested.
RELATED: UPDATE: DJ Envy Ordered To Produce Paperwork Associated To Cesar Pina Chapter Case Or Face Arrest
