Fabolous has offered particulars about DJ Envy reaching out to him to take part in the actual property ventures which have since landed the latter in authorized bother.
On Saturday (October 28), the 45-year-old carried out on the One Music Competition in Atlanta, Georgia. Whereas he was there, HipHopDX had an opportunity to ask him concerning the cellphone name from The Breakfast Membership host and the way he reacted to the supply.
“He was tellin’ me about some actual property stuff,” he started. “I’m only a man that gotta see issues by way of somewhat bit extra. I don’t simply get hyped at … y’know, or not it’s a lotta ‘get cash’ — I don’t need to name it a rip-off or a scheme — however a lotta ‘get cash’ concepts that come to you, so I simply gotta see ’em by way of.
“So even with that cellphone name, I used to be like, ‘Aight,’ however I wasn’t like, ‘Signal me up, [who] do I give my cash to?’ Y’know what I imply, and I didn’t actually hear again from [him].”
He then added with a smirk: “And we see the way it performed out.”
For months now, DJ Envy has been linked to a scandal involving his former enterprise companion and alleged actual property scammer, Cesar Pina, who was just lately arrested for wire fraud.
As the small print surrounding the ordeal started making the rounds on-line final month, previous clips of Envy speaking about its validity began surfacing on social media. One clip specifically took the our on-line world by storm because it confirmed the radio persona admitting to being warned towards the enterprise in its earliest phases.
“After I first received into actual property,I known as three individuals,” he mentioned within the viral video from a 2021 episode of Maino’s Kitchen Speak podcast. “I known as [DJ] Clue, I known as Fabolous, I known as Joe Budden.”
“I mentioned, ‘Hey guys. I’m doing actual property. That is one thing that I believe you need to make investments somewhat bit of cash in, strive it out. That manner you are able to do it.’ Joe Budden instructed me it was a Ponzi scheme and I used to be going to go to jail.”
Earlier this 12 months, Budden recalled mentioned dialog on an episode of The Joe Budden Podcast.
“He calls me, and begins speaking about some actual property shit,” Budden mentioned. “For me, that’s odd. We don’t converse. And now you’re calling me, telling me that your man’s with the federal government and he may get the buildings.
“And there’s an inventory and it’ll be me, you, and Queen Latifah — regardless of the fuck he was saying, as a result of … I ended listening at this level. However that simply sounded fishy.”