Chris Delgado, the 34-year-old founder of Goliath Ventures, pleaded guilty to running a massive cryptocurrency Ponzi scheme in Central Florida. He admitted to defrauding at least 1,000 investors out of $250 million between January 2023 and January 2026.
Delgado used his victims' money to fund a lifestyle of luxury homes, high-end cars, and flashy jewelry. The indictment lists eight Orlando-area properties, including a $8.5 million mansion in Isleworth, as well as two Lamborghinis, 30 watches, and 29 pieces of jewelry.
Prosecutors say they have identified around 1,600 potential victims and are still working to verify them. As part of his plea deal, Delgado must pay full restitution to his victims and forfeit the $250 million he stole.