- Christopher Alexander Delgado was arrested for allegedly running a $328 million Ponzi scheme through Goliath Ventures Inc. from 2023 to 2026.
- Authorities say Delgado used investor funds to buy four luxury homes and fund lavish events instead of investing as promised.
- Delgado faces charges of wire fraud and money laundering with a maximum penalty of 30 years in prison if convicted.
- Delgado ran for Orange County District 2 commissioner in 2022 and finished third behind Christine Moore and Sandra Fatmi-Hall.
Federal authorities announced Tuesday the arrest of a Apopka resident and former Orange County Commission candidate for allegedly operating a $328 million Ponzi scheme.
Christopher Alexander Delgado, 34, was arrested on a criminal complaint charging him with wire fraud and money laundering, according to a press release from the U.S. Attorney’s Office for the Middle District of Florida. If convicted on all counts, Delgado faces a maximum penalty of 30 years in federal prison.
Delgado was president and chief executive officer of Goliath Ventures Inc., formerly known as Gen-Z Venture Firm, according to the press release. In 2022, he ran unsuccessfully for the Orange County District 2 commission seat, finishing third behind Christine Moore and Sandra Fatmi-Hall…