A judge for the U.S. Middle District of Florida has extended the deadline for the U.S. Department of Justice to file an indictment in the investigation of an alleged Orlando-based Ponzi scheme involving Christopher Delgado. “How can somebody just look somebody dead in the eye and just lie,” wondered one alleged victim in the case, who spoke with WESH 2 Investigates under the condition that his identity remain concealed. He filed a police report claiming to be one of the “potential victims” of fraud at the hands of Christopher Delgado and others who worked with him. Delgado founded a so-called crypto investment company called Goliath Ventures.He also ran unsuccessfully in 2022 for Orange County Commission and was a donor to local charities, making the potential victim believe Delgado was worthy of investing his life savings, half a million dollars. “They talked about him having family ties in Daytona and he’s donating money to the schools and everything else and you know that sounded like an up and up type of man. That right there made it seem like the right decision,” the alleged victim said. Delgado is out on bond, charged with wire fraud. Prosecutors allege Delgado enriched himself by taking people’s money, intended for legitimate investments, and pocketing that money to enrich himself with homes, cars, jewelry and more. The judge granted the extension of time to file a formal indictment to give the government time “to identify and interview victims” and to secure “proceeds of the alleged fraud.” The value of Delgado’s fortune may not be what it once was, according to his bankruptcy filing. He listed liabilities of $100 million to $500 million and assets of $1 million to $10 million. More details about Christopher Delgado’s remaining assets for creditors in the bankruptcy case and forfeiture in the Justice Department case are expected with filings in both courts due in the next six weeks. The U.S. Attorney’s Office now has until June 26 to file an indictment against Christopher Delgado.
ORLANDO, Fla. —
A judge for the U.S. Middle District of Florida has extended the deadline for the U.S. Department of Justice to file an indictment in the investigation of an alleged Orlando-based Ponzi scheme involving Christopher Delgado.
“How can somebody just look somebody dead in the eye and just lie,” wondered one alleged victim in the case, who spoke with WESH 2 Investigates under the condition that his identity remain concealed.
He filed a police report claiming to be one of the “potential victims” of fraud at the hands of Christopher Delgado and others who worked with him. Delgado founded a so-called crypto investment company called Goliath Ventures.
He also ran unsuccessfully in 2022 for Orange County Commission and was a donor to local charities, making the potential victim believe Delgado was worthy of investing his life savings, half a million dollars.
“They talked about him having family ties in Daytona and he’s donating money to the schools and everything else and you know that sounded like an up and up type of man. That right there made it seem like the right decision,” the alleged victim said.
Delgado is out on bond, charged with wire fraud. Prosecutors allege Delgado enriched himself by taking people’s money, intended for legitimate investments, and pocketing that money to enrich himself with homes, cars, jewelry and more.
The judge granted the extension of time to file a formal indictment to give the government time “to identify and interview victims” and to secure “proceeds of the alleged fraud.”
The value of Delgado’s fortune may not be what it once was, according to his bankruptcy filing. He listed liabilities of $100 million to $500 million and assets of $1 million to $10 million.
More details about Christopher Delgado’s remaining assets for creditors in the bankruptcy case and forfeiture in the Justice Department case are expected with filings in both courts due in the next six weeks.
The U.S. Attorney’s Office now has until June 26 to file an indictment against Christopher Delgado.