A 34-year-old man charged earlier this year with defrauding investors out of at least $250 million pleaded guilty Tuesday to running a “Ponzi scheme.” Christopher Delgado could face up to 50 years in prison after pleading guilty to wire fraud and money laundering Tuesday.

A federal judge in Orlando Thursday ordered the freezing of assets owned by a man accused of operating a $328 million “Ponzi scheme.”

An Apopka man is accused of running a Ponzi scheme that bilked at least $328 million from victim investors, according to federal prosecutors.

Two brothers were arrested in connection with a shooting at an Altamonte Springs hotel in May, according to the police department.