'Flipping NJ' Influencer Admits Real Estate Investment Fraud, Drug Money Laundering and Bribery
Cesar Humberto Pina, 48, known online as 'Flipping NJ,' pleaded guilty to a Ponzi-like real estate scheme that promised 30% returns in 4 to 5 months.
By Scammers.com Staff · · 4 min read

Published Oct. 26, 2026. Case statuses are current as of that date.
He built a following on social media and on stage, teaching crowds how to flip houses. Investors who wanted in on the deals were promised returns of 30% or more in just four to five months. Federal prosecutors in New Jersey say much of that money never went where it was supposed to.
On Oct. 22, 2026, Cesar Humberto Pina, 48, of Franklin Lakes, New Jersey, known online as "Flipping NJ," pleaded guilty in Newark federal court to a four-count superseding information covering a multimillion-dollar real estate investment fraud, laundering money for drug traffickers and bribing a Paterson official, U.S. Attorney Robert Frazer announced [1].
How the scheme worked
According to documents filed in the case and statements made in court, as summarized by the U.S. Attorney's Office [1]:
- Building credibility. Pina partnered with a celebrity disc jockey and radio personality to hold real estate seminars around the country. The seminars, self-promotion and other marketing gave him a significant social media following. (The release does not name the DJ or suggest that person was involved in the fraud, so we do not name them.)
- The pitch. Starting in at least 2017, Pina took money from individual investors for the supposed purchase, remodeling and sale of specific properties in New Jersey and other states.
- The promise. He often promised returns of 30% or higher within four to five months.
- What actually happened. Instead of using the money as promised, Pina commingled and misappropriated investors' funds. He used new investors' money to pay earlier investors in what prosecutors call a Ponzi-like scheme and spent investor funds on unauthorized business and personal expenses.
Prosecutors say Pina fraudulently obtained and misappropriated millions of dollars this way; the release does not give an exact total or the number of investors.
The case went beyond investors. Pina also admitted conspiring to launder illicit funds, including proceeds from drug sales, for people he knew were involved in narcotics trafficking. And he bribed a local official in Paterson, New Jersey, providing cash and other bribes in exchange for official help with real estate projects, including his "Old School 5" development, which had applications pending before the Paterson Zoning Board of Adjustment [1]. The official is not named in the release.
"Cesar Pina admitted to misappropriating millions of dollars meant for real estate investments, laundering cash for narcotics traffickers, and bribing a politician in furtherance of real estate projects. It is hard to imagine a more varied spate of criminal activity, which robbed investors of their life savings, helped facilitate drug trafficking, and undermined confidence in our elected officials," Frazer said [1].
"Pina lured in victims and exploited their trust by using his online influencer persona," said FBI Newark Special Agent in Charge Stefanie Roddy [1].
The person convicted and his status
Cesar Humberto Pina, a/k/a "Flipping NJ," 48, of Franklin Lakes, New Jersey. He pleaded guilty on Oct. 22, 2026, before U.S. District Judge Madeline Cox Arleo to one count each of wire fraud, money laundering conspiracy, bribery of an agent of a program receiving federal funds, and Travel Act bribery. Sentencing is scheduled for March 10, 2027 [1].
The maximum penalties are 20 years in prison for wire fraud, 20 years for money laundering conspiracy, 10 years for federal-program bribery and five years for the Travel Act count, plus fines. His actual sentence will be decided by the judge. He is represented by Gerald Krovatin of Newark [1].
The investigation involved the U.S. Attorney's Office's own agents, the DEA, the U.S. Postal Inspection Service, the FBI and IRS Criminal Investigation, with help from the Franklin Lakes Police Department.
Red flags of real estate "flip" investment pitches
- Fixed, high returns on a short clock. A promise of 30% in four to five months is far above what most real estate deals reliably produce, and no honest promoter can guarantee it.
- Celebrity or influencer credibility standing in for documents. A big following, a famous co-host or packed seminars do not prove a deal exists.
- No recorded interest in the property. If you're funding a specific house, you should be able to see a deed, mortgage, promissory note or LLC agreement that protects your money.
- Payouts that arrive on time, until they don't. Early returns can be paid with later investors' money.
- Pressure to roll profits into the next deal rather than taking your money out.
What to do if you've been targeted
- Ask for paperwork tied to the property, and verify ownership and liens through county property records yourself.
- Check registration. Many pooled real estate investments are securities; look up the promoter at Investor.gov and with your state securities regulator.
- Keep records of every payment, message and promise.
- If you invested with Pina or his companies, you can contact the U.S. Attorney's Office for the District of New Jersey about victim services.
- Report suspected investment fraud to the SEC at sec.gov/tcr, the FBI at IC3.gov, or the FTC at ReportFraud.ftc.gov.
Case status (as of Oct. 26, 2026)
| Defendant | Court | Status | Source |
|---|---|---|---|
| Cesar Humberto Pina, a/k/a "Flipping NJ," 48, of Franklin Lakes, N.J. | U.S. District Court, D.N.J. (Judge Madeline Cox Arleo) | Pleaded guilty Oct. 22, 2026, to wire fraud, money laundering conspiracy, federal-program bribery and Travel Act bribery; sentencing scheduled March 10, 2027 | [1] |
Statuses can change. Total investor losses and the number of investors were not stated in the release (status pending).
Sources
- U.S. Attorney's Office, District of New Jersey, "New Jersey Real Estate Investor and Online Influencer Admits to Committing Multi-Million Dollar Investment Fraud Scheme, Laundering Drug Proceeds, and Bribing a New Jersey Politician," Oct. 22, 2026. https://www.justice.gov/usao-nj/pr/new-jersey-real-estate-investor-and-online-influencer-admits-committing-multi-million
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