Jay Mazini is an influencer who has more than one million followers on Instagram, know his wife and net worth
He swindled the investors under a Ponzi scheme aimed at New York’s Muslim- American community
Who Is Instagram Influencer Jay Mazini, Net Worth, Real Name, Wife, Biography And Latest Update
Jay Mazini has been found guilty of cheating his investors and followers for over $8 million. He is known as Jebara Igbara and Mazini was nabbed by police on the 2nd of November 2022. The influencer got under three charges namely wire fraud, wire fraud conspiracy, and money laundering. There are rumors that Jay may face imprisonment of 20 years.
What a difference a year can make, over $8 million in wire fraud and money laundering #jaymazini looking at 20 years jail pic.twitter.com/VGlPlkuL9i
— NFTAPPROVED.IO🇦🇺 (@nft_approved) November 2, 2022
🚨INFLUENCER "JAY MAZINI" PLEADS GUILTY TO THE CRIMES I ACCUSED HIM OF 2 YEARS LATER. FACES 8-10 YEARS. 😂 pic.twitter.com/CQQi94qyzB
— Coffeezilla (@coffeebreak_YT) November 3, 2022
Jay Mazini Professional Career, Education, Net Worth
Jay Mazini is a popular Palestinian entrepreneur and has a total net worth of $8 million. He completed his education at an American school and started his business by earning $400 a month. Jay Mazini actively helped out his parents to improve their family export business and also owned multiple businesses aiming at assisting individuals with investments on a day basis. Mazini Italy is a clothing store which has been owned by him where Dave East who is a rapper partnered with him.
Bergen County prosecutors have charged Joumana Danoun of Paterson, who is married to Mazini, with conspiring to commit abduction.
Jay also faced much backlash when he began investing in the stock market with continuous losses. Moreover, Jay Mazini got huge followers on his official Instagram due to his charity activities during the pandemic period of covid 19. Mazini also has a cosmetics business known as Kismet. It was established in 1999 and is presently its headquarters are in New York City.
Jay Mazini Latest News
The Department of Justice stated, “As set forth in the information up until March of 2021, Igbara maintained a popular Instagram account under the name “Jay Mazini,” where Jay Mazini would post his videos depicting occasions during which he would hand out large amounts of cash to many individuals as gifts.” Further they stated “In reality, Igbara was perpetrating overlapping fraud schemes, and scamming all the investors out of at least $8 million. ”
“With today’s plea, the defendant has admitted leveraging his Instagram popularity to prey upon innocent investors and steal $8 million from them as it was their hard-earned money. Together with our agency partners, the Office is committed to bringing scammers to justice,” stated United States Attorney Peace. FBI Assistant Director-in-Charge Driscoll also stated, “Igbara deliberately operated multiple scams to cheat a multitude of investors out of their money.
The statement also says, “Igbara should be charged with perpetrating a scheme to make scam and defraud members of the Muslim-American community-based in the city of New York.