The Brief
- Christopher Delgado has agreed to plead guilty to fraud, wire fraud and money laundering charges tied to a $250 million investment scheme.
- Federal prosecutors say more than 1,000 investors were defrauded while Delgado spent funds on luxury homes, cars and other assets.
- He has agreed to pay full restitution, surrender assets and cooperate with investigators, while facing up to 50 years in prison.
ORLANDO, Fla. – The former CEO of a Central Florida cryptocurrency investment company has agreed to plead guilty to federal charges and repay hundreds of millions of dollars after prosecutors accused him of operating a multimillion-dollar Ponzi scheme that defrauded more than 1,000 investors.
Federal prosecutors said Christopher Delgado, founder, president and CEO of Goliath Ventures, signed a plea agreement admitting to conspiracy to commit fraud, wire fraud and money laundering.
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