Jay Mazini, also known as Jebara Igbara, was once a popular social media influencer who amassed a following of nearly a million people. He built his brand on the image of a wealthy philanthropist who was always willing to help others. However, behind the facade was a trail of schemes to defraud both fans and investors.
Who is Jay Mazini?
Mazini’s rise to fame began in 2019 when he started posting videos of himself giving away cash to fast food workers, surprising people in grocery store lines, and organizing online giveaways during live streams. These seemingly charitable acts earned him a reputation as a kind and generous person, and his following grew rapidly.
Mazini’s image as a benevolent influencer was further enhanced by his identity as a Muslim American. He often spoke about his faith and how it inspired him to help others. In 2019, he even founded Halal Capital, an investment firm that was intended to help local communities and mosques invest with religious values.
However, Mazini’s true intentions were not as altruistic as they seemed. In reality, he was using his platform to defraud people. He would often promise cash giveaways and contests that never materialized, and he would solicit Bitcoin purchases from followers at rates above the market value. He also orchestrated a pump-and-dump stock scheme that resulted in significant financial losses for his investors.
Mazini’s fraudulent activities eventually caught up with him. In 2021, he was arrested and charged with kidnapping, wire fraud, wire fraud conspiracy, and money laundering. He has since pleaded guilty to the charges and is awaiting sentencing.
The Jay Mazini case is a cautionary tale about the dangers of financial fraud on social media. It is important to be skeptical of anyone who promises easy money or who asks for personal financial information online. If you are considering investing in an online program or scheme, be sure to do your research and only invest with reputable companies.