Luxury cars, watches in Dubai: Judge freezes Ponzi scheme defendant’s assets

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.