“When a defence lawyer sends an ‘update’ filled with legal language but no verifiable facts, it isn’t meant to inform investors — it’s meant to slow them down.”

The last few weeks haven’t been loud. They’ve been heavy. Heavy with missed payments, unanswered questions, and investors quietly realising that October, November, and December came and went without being paid.

My inbox hasn’t been filling with speculation or curiosity. It’s been filling with confessions — people explaining why they stayed silent for months, hoping the next update would fix everything, hoping patience would be rewarded. Instead, they were told to wait again, right up until “the end of January.”

 

PDFAt the exact moment more investors are finally coming forward — providing contracts, payment records, screenshots, messages, timelines, and names — Goliath Ventures issued another carefully worded newsletter titled “New Company Update Message Received – Outstanding Exits & Distributions.” This time, it arrived stamped with a lawyer’s name and framed as the explanation everyone had been waiting for.

That timing matters.

This blog exists to explain, in plain English, why that update changes nothing, why the MSB excuse doesn’t hold up, how it contradicts earlier audit and payout claims, and why waiting longer is not a solution.

Why this email appeared now

For months, people waited on their own. That matters, because isolation keeps control with the company. When investors don’t compare notes, every delay feels personal, every excuse feels unique, and every promise still feels plausible. That silence bought time.

What’s changed is that people have started talking to each other. Comparing timelines. Comparing excuses. Comparing who was paid and who wasn’t. Once that started happening, it became clear that the explanations weren’t situational — they were recycled.

That’s the moment reassurance emails appear.

This wasn’t a normal company update. It wasn’t openly published like previous newsletters, and it wasn’t designed to be easily archived or shared. It was delivered as a restricted document, accessed through a gated link, quietly controlling visibility and limiting how far it could spread.

That isn’t transparency. It’s damage control.
It’s an attempt to slow momentum just as investors stopped waiting quietly and started asking the same questions at the same time.

Who the lawyer actually is — and why that matters

The email is attributed to Eric Clayman, a Florida-based attorney whose name has appeared before in connection with Goliath Ventures. In earlier correspondence, he made one point very clear: he represents Goliath for legal matters only and has nothing to do with the company’s actual business operations.

That distinction matters — but so do the details around how his involvement is presented.

Eric Clayman operates under multiple domains, including ericclaymanlaw[.]com and claymanlawfirm[.]com. Yet past correspondence to me was sent from eric@goliathventuresinc.com, while the recent newsletter was distributed from news@goliathventuresinc.com, even though the letterhead lists Eric@ClaymanLawFirm.com as the contact address.

That matters because it blurs roles.

When legal correspondence:

  • Is sent from a company-controlled domain
  • But carries a law firm letterhead
  • And is framed as an independent legal explanation

…it creates the appearance of legal authority without the independence people assume comes with it.

To be clear, none of this means a lawyer is confirming facts. A lawyer repeating what a client tells them does not mean:

  • Funds exist
  • Accounts are solvent
  • Payments are imminent

He is not auditing accounts.
He is not verifying balances.
He is not guaranteeing distributions.

What he is doing is relaying a narrative, framed in legal language, at a moment when investors are looking for reassurance. That is not validation of reality — it is presentation.

And when presentation replaces transparency, investors should slow down, not calm down.

The MSB excuse sounds official — but FinCEN warns people about it

The current excuse being pushed is that Goliath cannot pay investors because it does not yet have approval from a Money Services Business (MSB).

This sounds technical and reassuring — which is exactly why it’s being used.

Here’s what investors are not being told.

On its official website, FinCEN (the U.S. Financial Crimes Enforcement Network) explicitly warns the public that fraudsters routinely abuse the MSB registration process. FinCEN states that:

  • Being listed as an MSB does not mean a company is approved
  • FinCEN does not endorse or vet businesses
  • Claims that MSB registration makes it “safe” to send money are false and commonly used in scams

FinCEN’s warning can be read directly at: fincen.gov/resources/msb-state-selector

Fraudsters are attempting to steal money by claiming to be an MSB “approved” or “endorsed” by FinCEN. These criminals mislead people by telling them it is safe to send funds to or invest in a business, simply because it is listed on FinCEN’s MSB Registrant Search website. FinCEN does not approve or endorse any business that has registered as an MSB. Any such claim and similar claims are false and may be part of a scam.

In other words, even if Goliath were registered, that would not justify:

  • Holding investor funds
  • Stopping payouts
  • Demanding patience
  • Or claiming legitimacy

And here’s the key point: Goliath is not even approved yet.

So investors are being asked to trust a delay based on a process that FinCEN itself says should never be used as a trust signal.

An MSB application does not freeze money

This needs to be stated clearly, because the issue being presented is misleading people. MSBs routinely handle very large transaction volumes, including high-value corporate transfers and institutional crypto flows. Capacity is not the issue — compliance and risk are.

An MSB application:

  • Does not automatically lock or freeze existing funds
  • Does not prohibit distributions if funds are available
  • Does not override contractual payment obligations
  • Does not justify months of missed payments
  • Does not explain why some investors were paid while others were not

If money cannot be paid now, the real question is not when MSB approval arrives — it is where the money currently is, whether it still exists in full, and why it cannot move at all.

That question is never answered in the lawyer’s email.

The audit excuse came first — and it still doesn’t add up

Before MSB became the latest explanation, investors were told payouts stopped because of an audit.

This was not Goliath’s first audit. Yet investors were never shown the previous audit that supposedly justified earlier delays.

In August 2025, Goliath circulated a financial audit review that made a very specific claim:

“Goliath maintained an average collected balance of 115% or more of partner balances at all times during the review period.”

If that statement were true, it would mean:

  • Goliath held more money than it owed partners
  • There were sufficient reserves
  • Withdrawals could be satisfied at any time

So the obvious question is:

Where did that money go?

Because shortly after, payments stopped.

The December promise that never materialised

In December, Goliath sent an official newsletter assuring investors that the disruption was over and that all outstanding payments would be brought up to date. The message was unambiguous. It stated that the December 15–18 cycle would include:

  • Full October catch-ups
  • November payouts paid alongside December
  • A return to the normal distribution cadence going forward

The newsletter framed the delay as a completed compliance exercise and thanked investors for their patience, explicitly stating that everything owed would now be paid and that no further interruptions were expected .

Many investors are still waiting.

What makes that harder to reconcile is what was happening at the same time. On 12 December, Goliath hosted a large Christmas event featuring Jason Derulo as the headline performer, with public statements about charitable donations tied to attendance. Guests were accommodated at venues costing around a thousand dollars per night, and the event was presented as a celebration of success and momentum. Just days later, on the 15th of December, Christopher returned to Dubai.

So investors were being told, in writing, that:

  • All missed payments were about to be resolved
  • Funds were available and compliance issues were behind them

While at the same time, significant money was clearly being spent on:

  • A high-profile entertainment event
  • Luxury accommodation for attendees
  • International travel

That contrast matters.

It leaves investors with an unavoidable set of contradictions:

  • An audit previously claimed 115% coverage of partner balances
  • A December newsletter promised full catch-up and resumed payments
  • A lawyer now claims MSB delays prevent distributions
  • And investors remain unpaid for months

These statements cannot all be true at the same time.

If funds were available in December, as promised, they should have been paid.
If funds were not available, the December newsletter was misleading.
And if money could be spent on events, travel, and promotion, then the question investors are entitled to ask is not about MSB timelines — it is why distributions were prioritised last.

That is the gap this latest “update” does not address.

What the lawyer’s email carefully avoids saying

For all its length and legal tone, the email avoids addressing the only issues that actually matter to investors.

At no point does it clearly state:

  • Where investor money is currently held
  • Whether those funds are segregated or commingled
  • Whether any of the money has already been spent or moved
  • Whether sufficient funds still exist to cover all investor balances
  • When, specifically, anyone will actually be paid

Instead, the email relies on process over substance — timelines without dates, explanations without documents, and reassurance without proof. Legal language is used to sound authoritative, but authority without transparency is meaningless.

What’s missing is not technical detail.
What’s missing is accountability.

Hope is not a payment plan.
And reassurance is not a substitute for showing where the money is.

The selective payout problem

One of the most disturbing patterns emerging from people now coming forward is this: some people were paid, many were not — and those payments were neither random nor consistent with the explanations being given.

We know that on 10 December 2025, at least one investor received approximately $100,000 of their initial capital back, along with dividends, after previously earning around 5% returns. More recently, within the last seven days, another individual — someone with significant influence and the ability to cause serious trouble for the company — also received their money back in full.

These facts matter.

They directly contradict the claim that payouts stopped because of banking issues, MSB approvals, or technical constraints. This is a company that positions itself as operating in crypto, yet it is asking investors to believe that no payments are possible — while selectively making large payouts behind the scenes.

That tells us several things:

  • Funds can move when the company decides they need to
  • Payments are not being made based on contractual order or exit requests
  • Proximity, influence, and pressure appear to matter more than fairness

Selective payouts are not a sign of stability. They are a sign of triage — deciding who needs to be calmed, who can be stalled, and who can be left waiting.

That is not how a legitimate investment operation behaves. It is how a company behaves when it is managing risk to itself, not meeting obligations to investors.

And it makes every excuse about banking delays and MSB approvals increasingly difficult to take seriously.

How people were brought into Goliath

This didn’t spread through cold advertising alone. It spread through trust, and that distinction matters.

People weren’t handing money to strangers. They were introduced by people they already knew — people they trusted enough to believe, people they didn’t think would ever put them in harm’s way. That trust came through:

  • Friends and family members
  • Romantic partners and close personal relationships
  • Church groups and community networks
  • Long-standing social and professional connections

That’s why this situation cuts so deep. When payments stopped, many people didn’t speak up because doing so felt like accusing someone close to them of being involved — even if unintentionally. Silence wasn’t agreement. It was conflict avoidance, mixed with shame and hope that the problem would quietly fix itself.

But while investors stayed quiet, something else happened.

Many of the names that once promoted Goliath began to fade from view. Titles were softened. Public profiles were cleaned. Associations were quietly walked back. Responsibility became harder to pin down just as questions became unavoidable.

The money didn’t disappear quietly.
The people did.

That contrast matters — because it shows who absorbed the risk, and who stepped away from it.

Why coming forward now actually matters

Investigations don’t move on opinions, anger, or online discussion. They move on evidence that can be checked, cross-referenced, and verified.

What has changed in recent weeks is not the situation — it’s the quality of information now coming in. Instead of isolated stories, people are providing documentation that lines up across accounts and timelines. That’s when patterns stop being deniable.

The information that matters most includes:

  • Contracts or agreements, even if informal
  • Proof of payment, whether bank transfers or crypto transactions
  • Wallet addresses and transaction hashes
  • Messages and emails from sponsors or Goliath representatives
  • Clear timelines showing when payments stopped
  • Names of introducers, sponsors, and intermediaries

For months, people waited on their own. That protected the company. What changes outcomes is people coming forward together, with records that show the same explanations, the same delays, and the same contradictions repeating across different investors.

That’s the difference between noise and accountability.

What the intake process is designed to do

PDFThe Goliath Ventures Victim Intake & Evidence Collection Form [Live Updated Version] exists for one reason: to turn scattered experiences into structured evidence that investigators can actually use.

The questions are detailed because they need to be. Vague claims don’t survive scrutiny. Incomplete stories don’t move cases forward. Evidence does.

The form is designed to:

  • Establish who was involved and when
  • Document how money was sent and how much
  • Record what was promised versus what was delivered
  • Identify who introduced whom
  • Build timelines that show when excuses changed and payments stopped

You can remain anonymous publicly, but evidence still has to exist. Silence without documentation only protects the people who caused the damage. Providing information doesn’t guarantee recovery — but doing nothing guarantees no accountability at all.

If you are ready to document what happened, the process exists.
If you are not, waiting has already shown you what it delivers.

The full intake form is available here and should be completed as accurately as possible:

Final reality check

A defence lawyer writing a calm, carefully worded email does not mean:

  • Funds exist
  • Payments are coming
  • Problems are temporary

It means pressure is building, and someone is trying to slow it down.

Audits don’t explain missing money.
MSB applications don’t justify non-payment.
Legal language doesn’t replace transparency.

If the money was really there, it would already have been paid.

That is the question this email never answers.

A request for investors and insiders to come forward

GOLIATH VENTURES RECOVERY

For many people, the hardest part of this process has been dealing with it alone. That’s changing.

A growing number of investors, introducers, and insiders are now choosing to connect with others who are facing the same unanswered questions, delayed exits, and shifting explanations. Not to speculate — but to compare facts, timelines, and experiences and see how individual stories fit into a much larger pattern.

The WhatsApp group has become a place for people who are done waiting, done being isolated, and ready to put their information alongside others. Its value isn’t gossip or outrage — it’s context, corroboration, and clarity. That collective visibility is exactly why it matters.

If you are ready to step forward and engage rather than sit on the sidelines, you can request access here:

https://chat.whatsapp.com/G8QREvRieztINVUe5gWECn

Previously in This Series on Goliath Ventures

  1. Glossy Promises, Shaky Contracts
    Goliath Ventures Exposed – Glossy Promises, Shaky Contracts, and the Dark Reality of Guaranteed Returns
    Where it all began: inflated promises of 60% returns backed by contracts that were flimsy at best.
  2. The Compliance Illusion
    Goliath Ventures Exposed Part 3: Christopher Delgado, Matt Burks, BlackBlock and the Compliance Illusion
    The smoke-and-mirrors routine — how Burks and BlackBlock tried to pose as “independent” while being insiders.
  3. The Smear Campaign Claim
    Chris Lord Delgado Claims “Smear Campaign” – Goliath Ventures Exposed in My Full Response
    Delgado’s pushback — calling legitimate questions a “smear campaign” while victims kept piling up.
  4. The Bookkeeper’s Vanishing Act
    The Bookkeeper’s Vanishing Act: Chris Delgado, Nadia Bringas, and Goliath Ventures
    When the money trail grew hot, Bringas dissolved her company in Florida overnight and popped back up in Wyoming.
  5. The Fake Audit
    Pull Money While You Can! Goliath Ventures Ponzi Exposed by FAKE Audit. Florida Ponzi Scheme SCAM
    A so-called “audit” that turned out to be nothing more than a Mailchimp blast with zero financial data.
  6. The Missing FinCEN Registration
    Goliath Ventures Inc (Christopher Delgado) and the Missing FinCEN Registration: Why It Matters
    Digging into why a real investment firm would never operate without this registration — unless it was hiding.
  7. Collapse and Clawbacks
    Goliath Ventures Inc Florida Ponzi Collapse, Coming Clawbacks and Arrests
    The unraveling accelerates: clawbacks loom, and indictments draw closer.
  8. The Securities Question
    The Unregistered Securities Problem: Why Goliath Ventures’ Contracts Are Likely Illegal
    Breaking down why Goliath’s contracts were never legal in the first place — a fatal flaw in their setup.
  9. What Real Funds Look Like
    What Real Quant Funds Look Like Vs. Goliath Ventures, FL Ponzi Scam
    Today’s deep dive: exposing how every part of Goliath’s structure collapses under scrutiny.
  10. Stolen money, gifts, and uneconomical deals
    Who Is Still Profiting From Goliath Ventures Inc, Orlando Ponzi? Don’t Drop The Soap.
    Unusual developments connected to the Goliath Ventures Ponzi scheme, which is now imploding.
  11. FBI Director Kash Patel, Ron DeSantis and even Andrew Tate
    Goliath Ventures Ponzi: Verlin Sanciangco & My Liquidity Partner (MLP) Scam Rebranded.
    Goliath Ventures Inc ponzi scheme has been running for a lot longer than most people realize.
  12. I just got sued for telling the truth
    Danny vs Goliath: New Zealand Journalist Sued by Christopher Delgado’s GOLIATH VENTURES INC.
    I uncovered what I believe is a large-scale Ponzi scheme.
  13. You now have 3 copyright strikes
    Dirty Tactics: How GOLIATH VENTURES INC Is Abusing YouTube’s Copyright System to Silence Journalism.
    Your channel (as well as YouTube channels associated with it) is scheduled to be terminated in 7 days.
  14. Crypto Crash!
    Crypto Prices Crash! GOLIATH VENTURES Investors Should Be Very Worried.
    Questions Goliath Ventures Investors Should Be Asking
  15. Filed a 22‑page Motion to Dismiss
    Florida Orlando Ponzi Scheme Sues New Zealand Journalist, $150,000 Bribe Attempt.
    This lawsuit isn’t about protecting a reputation—it’s about damage control and intimidation.
  16. You didn’t escape the scam — you benefited from it
    Whistleblower or Opportunist? The Anatomy of a Non-Whistleblower Who Protected Goliath Ventures.
    To show what a real whistleblower looks like, and what one doesn’t.
  17. The Banking Breakdown
    GOLIATH VENTURES INC’s Secret Bank Switch: The Collapse Behind the “Transparency” Spin.
    A false transparency update masking a banking crisis and ongoing promotion.
  18. Director of Administration at Goliath Ventures Inc
    Stephen Davis: The Fire Chief Who Walked Out of the Firehouse and Straight Into a Financial Inferno.
    There is one path still open to Stephen Davis — the only path that honours the uniform he once wore.
  19. Goliath Ventures Inc has now collapsed
    Goliath Ventures Payouts Stop: Insiders Pull 10’s of Millions While Everyone Else Waits.
    Paid their romantic partners and family members tens of millions since 12/Nov/2025.
  20. Behavioural pattern is the same
    Andrew Tate’s Hyperliquid Wipeout – And Why Goliath Ventures Investors Should Pay Attention.
    High-risk gamblers calling themselves “genius traders,” sitting on terrible risk management, and using other people’s trust.
  21. Goliath Ventures December Breakdown: What Investors Must Know
    Goliath Ventures: Chris Delgado and Jonathan Mason Ruin Christmas! Canadians, Hide Your Wallets!.
    Delgado’s deceit deepens as victims face mounting pressure, collapsing trust and urgent accountability.
  22. Tomo Marjanovic’s “Brotherhood” Post
    Tomo Marjanovic, #GoliathStrong and the Miami Dinner That Exposes Goliath’s Collapse. 
    And loyalty is the last thing a failing scheme demands before the crash.
  23. Rapidly Unfolding Financial Collapse
    Goliath Ventures Inc Dec 15–18: Payouts Promised – Where is The Money? Where is Christopher Delgado?
    Investigating Goliath Ventures’ missing payouts, executive distancing, jurisdiction shifts, and evidence pointing to a collapsing Ponzi structure.
  24. Broken Promises, Vanishing Transparency, Accountability Looms
    The Collapse of GOLIATH Ventures Inc: Missed Promises, Narrative Control: The Calm Before the Storm
    Delayed distributions, opaque explanations, missing proof, leadership silence, heavy spending, and growing investor coordination emerge.
  25. A story of control, delay, and retreat.
    Goliath Ventures Inc: The Deleted Video, The Rewritten Narrative, And The Quiet Exit
    A documented analysis of what was said, what was removed, and why it matters as withdrawals remain frozen.
  26. Before the Collapse: How GOLIATH Was Built Without Proof
    The Origins of GOLIATH VENTURES INC: How Proximity Replaced Proof as Millions Were Raised
    Tracing the social networks, abandoned ideas, and unverified claims that enabled Goliath to raise millions before anything real was ever built.
  27. When Withdrawals Fail, Dashboards Replace Real Money
    Hyper-Compound Illusions: How GOLIATH VENTURES INC Leaves Investors Watching Dashboards Not Payments
    Investors are watching balances grow while withdrawals fail. This investigation exposes how hyper-compounding is used to delay exits.
  28. New Company Update Message Received – Outstanding Exits & Distributions
    Another Email, Same Problem: Why the MSB Excuse Doesn’t Explain Missing Money (this article)
    Investors haven’t been paid for months. Now a lawyer blames MSB delays. This breakdown explains why the excuse fails and asks the real question: where is the money?

Disclaimer: How This Investigation Was Conducted

This investigation relies entirely on OSINT — Open Source Intelligence — meaning every claim made here is based on publicly available records, archived web pages, corporate filings, domain data, social media activity, and open blockchain transactions. No private data, hacking, or unlawful access methods were used. OSINT is a powerful and ethical tool for exposing scams without violating privacy laws or overstepping legal boundaries.

About the Author

I’m DANNY DE HEK, a New Zealand–based YouTuber, investigative journalist, and OSINT researcher. I name and shame individuals promoting or marketing fraudulent schemes through my YOUTUBE CHANNEL. Every video I produce exposes the people behind scams, Ponzi schemes, and MLM frauds — holding them accountable in public.

My PODCAST is an extension of that work. It’s distributed across 18 major platforms — including Apple Podcasts, Spotify, Amazon Music, YouTube, and iHeartRadio — so when scammers try to hide, my content follows them everywhere. If you prefer listening to my investigations instead of watching, you’ll find them on every major podcast service.

You can BOOK ME for private consultations or SPEAKING ENGAGEMENTS, where I share first-hand experience from years of exposing large-scale fraud and helping victims recover.

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