They’re talking about DJ Envy Scamming scandal on Good Morning America

Formerly Black Trash

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That’s why the Feds gotta come down on Envy even harder than Ceaser straight up… my uncle flip houses but he does that shyt on a small scale of 1 house at a time.. He will buy a foreclosed property, assess what it needs and will literally do all the labor himself give a take a few things but that entire process of him buying the house, fixing it up and reselling it takes him literally 4 to 5 months and that’s just one fukkin house..
It's funny if it turns out they started fukking up people's money if they actually tried to go legit in addition to the drug dealing money laundering and overestimated how much things would cost
 

RennisDeynolds

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The clip I watched last week of him on Maino podcast was pretty telling. None of that made sense. encouraging people to take hard money loans to buy distressed properties? Saying oh you lie to the lender about what you are spending, say you need 60k for the repairs, when it's only 40k.

You can make money in real estate and flipping houses is a real thing, but it requires a lot of capital, and a lot of labor from someone.

The idea that these dudes are helping people and all this hood millionaire stuff is nonsense. And what he was describing, not the way legit business works. 20% returns for 100k? That's like a 5 kilo deal return on on investment.

The social media part is even more insidious.

I laughed at a clip going viral on Twitter of Envy rocking a Sheisty mask while lil pun says they'll make 375k on one flip.

If you watch regular programming on HGTV you'll see seasoned flippers netting avg 50-60k or so. When the market got super hot in Cali and people were doing multiple over asking offers, they were getting 70-80k net. This is regular family homes


They started to flip high end properties and weren't able to sell some or were only getting around that 75k - 85k profit


Where the fukk were these bozos pulling these too good to be true numbers from :mindblown:
 
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ThrobbingHood

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I’m just gonna keep it 100. We’ve all had to get our hands dirty at some point in life before getting them clean. I was just one of those people who weren’t dumb enough to wash my hands in public.

Absolute morons. :snoop:
 

BigMoneyGrip

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Cesar & Envy are in every video together, there is no way he can claim he didn't know what was going on. They are going down together :lolbron:

Envy is lucky his dad is a FED & Envy can afford the best lawyers.

How much did they scam 17 million?

His pops is a retired cop.. still don’t mean he can afford the best lawyers.. if you see Envy lawyer now you can see he’s a moron
 
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Let me check out the FDMG school website. He must surely have one. I mean he has only been collecting money from the black community since 2010. Surely his website has a wealth of information about the school, how much has been donated, and what the money is being used for.

He is after all the most requested black scholar of our time. He is the Prince of Panafricanisim. He is Umar Ifantude


What a professional looking site. Has the curriculum, accounting of donations to date, tons of information.

To bad it’s not Umars. :wow: This is the level of dedication we get from Umar.













I went to the site before reading the rest of your post like ":ehh: I don't know what Mills is talking about, this is a pretty good looking website, maybe Umar spent $750,000 on the site :mjlol:"

Only to come back and finish reading and see it's not his site.

:dead:
 

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