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Florida Man Arrested in $328M Ponzi Scheme Fraud

2/26/2026

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Story summary
  • Christopher Alexander Delgado, 34, of Apopka, Florida, was arrested on federal fraud and money laundering charges tied to a $328 million Ponzi scheme, founder of Goliath Ventures.
  • U.S. Department of Justice alleges Delgado misled investors by promising returns from cryptocurrency liquidity pools and diverted funds for personal use.
  • Victims were drawn in by Delgado's philanthropic image and marketing tactics, with one investor losing $720,000.
  • Delgado faces up to 30 years in prison if convicted.