Real estate influencer pleads guilty to multimillion-dollar investment fraud scheme

NEWARK, N.J. -- A popular real estate influencer in New Jersey has admitted to orchestrating a multi-million-dollar investment fraud scheme.

Cesar Pina, also known online as "Flipping NJ," pleaded guilty on Thursday to wire fraud and money laundering conspiracy.

Pina partnered with a celebrity disc jockey and radio personality to conduct real estate seminars around the country.

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Investigators say he ran a Ponzi-like scheme through social media, defrauding dozens of investors out of millions of dollars through his real estate business.

Pina's sentencing is set for March 2027.