EXCLUSIVE: Cesar Pina Banned From Social Media, Barred From Opening Bank Accounts & Having Guns
Following a court session earlier this week, accused real estate swindler Cesar Pina faces new conditions attached to his bail.
Authorities began investigating Pina’s operations following numerous complaints from individuals who claimed they were victims of his schemes. It is alleged that Pina and his associates were involved in a complex scam, promising high returns on real estate investments that never materialized.
Unfortunately, some victims were reportedly persuaded to invest their life savings into what was pitched as a fail-proof opportunity to secure their financial future in what ended up being a multi-million dollar Ponzi-like scheme, according to the feds.
The scheme reportedly involved manipulating property values, falsifying documents, and exploiting investors’ funds for personal gain. Pina was charged with with one count of wire fraud, which could send him to prison for 20 years in prison.
U.S. Magistrate Judge Edward S. Kiel ordered Cesar Pina to adhere to stricter constraints, including a complete ban on social media interaction and an obligation to surrender all firearms and ammunition in his possession or at any residence he occupies.
The adjustment to Pina’s bail conditions arises amidst allegations of his involvement in a real estate scheme, a matter that has also embroiled popular radio host, DJ Envy. While Pina has already been indicted on these charges, DJ Envy remains uncharged.
Pina’s legal representation confirmed the deactivation of his client’s social media accounts and committed to comprehensive compliance with the court’s directives, even though some older accounts appearing to be associated with him still exist.
Under these new conditions, Cesar Pina is barred from creating or using any social media profiles without prior notification and approval from Pretrial Services, including the submission of usernames and passwords.
Additionally, the court’s order mandates the removal of all firearms and ammunition from Pina’s residence within 24 hours, alongside the surrender of any firearm-related identifications and permits to Pretrial Services.
The stipulations extend to financial restrictions, prohibiting Pina from opening new bank accounts or lines of credit without explicit permission from Pretrial Services.
This development marks a significant legal challenge for Cesar Pina, as he navigates the repercussions of his indictment and the intense scrutiny of his real estate dealings.