Feds Arrest Orlando 'Goliath' Boss in Alleged $328M Ponzi Scam

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Federal agents have arrested 34-year-old Christopher Alexander Delgado of Apopka, Florida, accusing him of running an Orlando-based investment business called Goliath Ventures that prosecutors say pulled in at least $328 million through a Ponzi-style crypto scheme over several years. Delgado has been charged with wire fraud and money laundering, and authorities are urging victims to come forward and provide records to aid the investigation and potential recovery efforts.

Why it matters

The Goliath Ventures case is the latest in a string of high-profile cryptocurrency investment scams that have targeted unsuspecting victims, often promising unrealistic returns. It highlights the need for heightened scrutiny and regulation around crypto investment platforms to protect consumers, as well as the importance of swift action by law enforcement to identify and prosecute those running Ponzi schemes.

The details

According to the federal complaint, Goliath Ventures operated from January 2023 through January 2026, during which time it raised at least $328 million from investors. Prosecutors allege that Delgado used the funds to purchase four residential properties worth between $1.15 million and $8.5 million, rather than investing the money as promised. The case is being prosecuted in the Middle District of Florida, and authorities are urging any potential victims to contact investigators and provide relevant records to aid recovery efforts.

• Goliath Ventures operated from January 2023 through January 2026.
• Delgado was arrested by federal agents on February 24, 2026.

What’s next

Delgado is expected to make his first federal court appearance in the coming days as investigators continue charting the scope of investor losses. Prosecutors say the probe is still active and are encouraging anyone with information to reach out to the U.S. Attorney's Office or the victims' email account.