Christopher Alexander Delgado, former CEO of Goliath Ventures, has been arrested on charges of wire fraud and money laundering, according to the U.S. Attorney's Office for the Central District of Florida. Delgado is accused of orchestrating a Ponzi scheme involving approximately $328 million, promising investors monthly returns from crypto liquidity pools. Instead, funds from new investors were allegedly used to pay earlier investors and finance Delgado's luxurious lifestyle. If convicted, Delgado faces up to 30 years in prison. Authorities are notifying victims of their rights.
Ex-Goliath Ventures CEO Arrested for Alleged $328M Crypto Ponzi Scheme
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