Fabolous Recalls DJ Envy Calling Him With Real Estate Opportunity

BYAlexander Cole1.6K Views
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NEW YORK - MARCH 23: Fabolous films an Earth Day E campaign in Times Square on March 23, 2010 in New York City. (Photo by Moises De Pena/WireImage)
Fabolous remembers the call vividly.

Fabolous is an artist who has been extremely successful over the years. Although as someone with money, there are those who seek some of that green. Recently, it was revealed that DJ Envy had actually called Fab about potentially investing in real estate. However, as we know now, the real estate investments that Envy was touting weren't too great. Instead, his business partner Cesar Pina has been arrested on wire fraud charges. Furthermore, some are accusing Envy of being the catalyst for a lot of Pina's success.

That said, those who were approached by Envy, are now speaking out. For instance, Jeremy Hecht of HipHopDX recently spoke to Fab and asked him about the call with Envy. In the video below, you can see how that conversation went down. In Fab's mind, he never thought it was a scam or some sort of fraud scheme. Instead, it was just someone presenting an opportunity. Regardless, Fabolous was never all that interested.

Fabolous Speaks

“He was tellin’ me about some real estate stuff,” Fabolous recalled. “I’m just a guy that gotta see things through a little bit more. I don’t just get hyped at … y’know, it be a lotta ‘get money’ — I don’t want to call it a scam or a scheme — but a lotta ‘get money’ ideas that come to you, so I just gotta see ’em through. So even with that phone call, I was like, ‘Aight,’ but I wasn’t like, ‘Sign me up, [who] do I give my money to?’ Y’know what I mean, and I didn’t really hear back from [him].”

As we know by now, Joe Budden was also approached. However, he immediately told Envy he would go to jail for this scheme. Let us know what you think of the DJ Envy situation, in the comments section below. Additionally, stay tuned to HNHH for the latest news and updates from around the music world. We will always keep you informed on all of your favorite artists.

[Via]

About The Author
Alexander Cole is the current editor-in-chief of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. It was here where he began to hone his craft, putting his journalism degree from Concordia University in Montreal, Quebec, to good use. Since that time, he has documented some of the biggest stories in the hip-hop world. From the Kendrick Lamar and Drake beef to the disturbing allegations against Diddy, Alex has helped HotNewHipHop navigate large-scale stories as they happen. In 2021, he went to the Bahamas for the Big 3's Championship Game. It was here where he got to interview legendary figures like Ice Cube, Clyde Drexler, and Stephen Jackson. He has also interviewed other superstar athletes such as Antonio Brown, Damian Lillard, and Paul Pierce. This is in addition to conversations with social media provocateurs like Jake Paul, and younger respected artists like Kaycyy, Lil Tecca, and Jeleel!
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