Federal prosecutors in Orlando have filed a civil forfeiture complaint to seize seven properties and 11 vehicles linked to a massive $400 million Ponzi scheme. The assets, which include multi-million dollar Florida mansions and a fleet of exotic supercars, were allegedly purchased by Christopher Delgado using funds stolen from more than 1,000 investors through his company, Goliath Ventures.
United States Attorney Gregory W. Kehoe announced the filing on Friday, marking the latest step in a sweeping federal effort to dismantle the remnants of the fraud. Delgado, the President and CEO of Goliath Ventures—previously known as Gen-Z Venture Firm—was originally charged in February 2026 for running the operation.
According to federal court documents, Delgado ran Goliath as a classic Ponzi scheme from January 2023 until January 2026. Investigators state that Delgado lured victims by promising consistent monthly returns generated through cryptocurrency “liquidity pools.” To build an aura of legitimacy, Goliath relied heavily on personal referrals, sleek marketing materials, high-end corporate events, and charitable sponsorships. The company even paid out fake monthly returns to early investors using money incoming from newer clients…