Cesar Humberto Pina, 47, of Franklin Lakes, misused millions of dollars from investors across the U.S. and laundered drug proceeds while promoting himself through real estate seminars hosted with DJ Envy, a nationally known radio personality, U.S. Attorney Alina Habba said.
“Cesar Pina is alleged to have misappropriated millions of dollars of peoples’ hard-earned money, laundered money for narcotics traffickers, and bribed a politician in furtherance of real estate projects,” Habba said. “This multi-year torrent of criminal activity hurt investors around the United States, facilitated the scourge of narcotics trafficking, and undermined confidence in our public officials.”
His wife, Jennifer Iturralde Pina, 43, was indicted separately on July 3. She was charged with destruction of records in a federal investigation. Prosecutors say that after her husband’s arrest, she asked a friend to discourage a witness from cooperating and later tried to hand over her phone for safekeeping—an offer the friend declined…