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“Flipping NJ” Promised 30% in Five Months. Now He Has Admitted to Fraud, Drug Money and Bribery.

Cesar Pina, known as “Flipping NJ,” pleaded guilty to fraud, money laundering and bribery charges. What investors can learn about verifying property deals.

“Flipping NJ” Promised 30% in Five Months. Now He Has Admitted to Fraud, Drug Money and Bribery.

Photo: Suraj Tomer / Unsplash. Illustrative residential property; the depicted property and its owners are not connected to the case discussed in this article. The returns were too good to be true. Now a federal court has it in writing. Cesar Humberto Pina, the New Jersey real estate investor and social media influencer known as "Flipping NJ," pleaded guilty on Oct. 22 in federal court in Newark, according to the U.S. Attorney's Office for the District of New Jersey. Pina,…

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