ORLANDO, Fla. – A federal judge in Orlando Thursday ordered the freezing of assets owned by a man accused of operating a $328 million “Ponzi scheme.”
Judge Leslie Hoffman Price ruled that Christopher Alexander Delgado is prohibited from selling or transferring numerous assets outlined in a motion by federal prosecutors.
Delgado, 34, of Apopka, is charged with wire fraud and money laundering. The government alleges that as president and CEO of Goliath Ventures, Delgado operated the scheme from January 2023 through January 2026, paying purported returns to existing investors by using the funds contributed by new investors. He was arrested last month.
The assets at the center of Thursday’s hearing include luxury cars in the United States and Dubai, as well as expensive jewelry.
Prosecutors told the judge they filed the motion to compel Delgado to surrender his assets out of concern that he might liquidate those assets in an attempt to obstruct justice and/or flee the country.
Price noted that Delgado has already begun cooperating with prosecutors by giving them access to his foreign bank accounts in Dubai. She brought up the growing instability in the Middle East to explain her reservations in having those foreign assets turned over to the U.S. Embassy in Dubai.
Equipped with a GPS ankle monitor, Delgado walked out of the federal courthouse after the hearing, and remained tight-lipped.
“No comment today,” Delgado said when News 6’s Mike Valente asked about the hearing. “Thank you, guys.”
Both the defense and prosecution agreed to exclude three vehicles on the list of assets in question, as they have been turned over to Delgado’s family members. A 2024 Rolls-Royce Ghost, registered to Goliath Ventures and Delgado, has been turned over to the Internal Revenue Service.
Victims who have been identified by law enforcement will be notified directly of their rights pursuant to the Crime Victims’ Rights Act, the release states. Those who believe they may be a victim and have not yet been notified are encouraged to email Goliathvictims@ci.irs.govor to visit the U.S. Justice Department’s website.