‘This is a fraud:’ Apopka man accused of running Ponzi Scheme faces class-action lawsuit

ORLANDO, Fla. – The Central Florida man accused of operating a “Ponzi Scheme” is now facing a class-action lawsuit.

Christopher Alexander Delgado, 34, of Apopka, was arrested last month and charged by federal prosecutors with wire fraud and money laundering, accused of running a $328 million Ponzi scheme.

A Ponzi scheme consists of using investment funds, from new investors, to serve as purported returns paid to existing investors…

Story continues

TRENDING NOW

LATEST LOCAL NEWS