Judge grants motion that could speed restitution for victims in alleged Orlando Ponzi scheme
Updated: 12:59 PM EDT Jun 3, 2026
A judge has granted a motion that could help expedite restitution to victims of an alleged Orlando-based Ponzi scheme. Christopher Delgado was the head of Goliath Ventures, a company that investors thought they were buying into for cryptocurrency exposure. Federal investigators said the multimillion-dollar Ponzi scheme was run from a downtown Orlando office tower.Delgado is charged with fraud, and the Justice Department has until Oct. 26 to file a formal indictment. This week, the judge in the bankruptcy case involving Goliath Ventures granted a motion to allow Delgado to “coordinate” a settlement in the criminal case that will also satisfy investors and creditors in the bankruptcy case, possibly to the tune of half a billion dollars once assets are liquidated.
ORLANDO, Fla. —
A judge has granted a motion that could help expedite restitution to victims of an alleged Orlando-based Ponzi scheme.
Christopher Delgado was the head of Goliath Ventures, a company that investors thought they were buying into for cryptocurrency exposure.
Federal investigators said the multimillion-dollar Ponzi scheme was run from a downtown Orlando office tower.
Delgado is charged with fraud, and the Justice Department has until Oct. 26 to file a formal indictment.
This week, the judge in the bankruptcy case involving Goliath Ventures granted a motion to allow Delgado to “coordinate” a settlement in the criminal case that will also satisfy investors and creditors in the bankruptcy case, possibly to the tune of half a billion dollars once assets are liquidated.