“When we began documenting Goliath Ventures on 1 September 2025, we were told it was just a liquidity delay. Months later, after emails, lawsuits and shifting explanations, the United States government has now stepped in with a federal arrest and a 29-page criminal complaint alleging a $328 million Ponzi scheme.”

After months of documenting stalled withdrawals, broken Joint Venture guarantees, repeated “holding pattern” emails, and mounting civil lawsuits, the Goliath Ventures story has now crossed the line from investor dispute to federal criminal prosecution.

Christopher Alexander Delgado, 34, CEO of Goliath Ventures, formerly known as Gen-Z Venture Firm, has been arrested and charged in United States v. Christopher Alexander Delgado, Case No. 6:26-mj-01240-LHP.

PDFAccording to a 29-page Federal Criminal Complaint filed in the Middle District of Florida, Delgado allegedly operated Goliath as a Ponzi scheme, raising at least $328 million from investors between January 2023 and January 2026.

If convicted on all counts of wire fraud and money laundering, he faces up to 30 years in federal prison. This is not regulatory noise. This is a sworn federal affidavit supported by bank records, blockchain tracing, and financial analysis.

The Official Federal Announcements

The first confirmation came in the Department of Justice press release titled “Goliath Ventures CEO Arrested for Wire Fraud and Money Laundering,” issued on February 24, 2026, by the U.S. Attorney’s Office for the Middle District of Florida.

That announcement confirms Delgado was arrested on a criminal complaint charging wire fraud and money laundering. It confirms the potential maximum sentence of 30 years. It confirms that United States Attorney Gregory W. Kehoe made the announcement. It confirms the case is being investigated by IRS Criminal Investigation and Homeland Security Investigations.

It also names the prosecutors handling the case: Assistant United States Attorneys Richard Varadan, Noah P. Dorman, and Hannah Nowalk Watson.

A second official government page, titled “Goliath Ventures – United States v. Christopher Alexander Delgado,” provides the formal case listing, victim notification details, and access to the criminal complaint and related documents.

This is now fully public federal record.

The Contracts That Promised Protection

The indictment is not just about marketing language. It references actual Joint Venture Agreements signed with investors.

According to the complaint, investors were told:

  • Their funds would be deployed into cryptocurrency liquidity pools
  • Monthly returns of 3% to 8% would be generated
  • Some returns were described as guaranteed
  • Principal would be returned “without diminution or impairment”
  • Withdrawals would be processed within 5–7 business days
  • Investors could remove funds “at any time”

Those were not vague sales claims. They were contractual representations.

The federal government now alleges those representations were materially false.

What Investigators Say Actually Happened

According to the affidavit, although Goliath represented that investor funds would be placed into liquidity pools, little to none of the money was actually invested in liquidity pools.

Blockchain analysis allegedly showed that approximately $1.5 million was sent to Uniswap — out of hundreds of millions raised.

Instead, investigators allege that investor funds were primarily used to:

  • Pay purported returns to earlier investors
  • Return principal to investors who demanded withdrawals
  • Fund extravagant business gatherings and holiday parties
  • Cover luxury travel accommodations
  • Purchase high-value residential real estate

That structure — if proven — fits the definition of a Ponzi scheme: using new investor money to pay earlier investors while claiming legitimate profits.

The Bank Accounts and Money Flow

The affidavit lays out specific accounts and amounts.

Between January 2023 and mid-2025:

  • Approximately $253 million was deposited into a JP Morgan Chase business account ending in 0305
  • Approximately $75 million was deposited into a Bank of America account ending in 9136
  • Approximately $62 million was received into Goliath Coinbase wallets
  • Approximately $165 million was transferred from those bank accounts into Coinbase

The complaint states Delgado was the sole signatory on the JP Morgan account and controlled how investor funds were allocated and transferred. He was also the sole signatory on Goliath’s Coinbase wallets.

That level of direct financial control is central to the government’s case.

The Dashboard Allegations

Investors were provided with access to an online portal that displayed:

  • Monthly Distribution Rates
  • Monthly Distribution Balances
  • Growing account totals

The affidavit alleges that those reported returns were not generated from actual liquidity pool trading activity.

Instead, investigators claim the returns were artificially calculated and manipulated to match the promised percentage returns, creating the appearance of legitimate investment performance.

One example included in the complaint shows an account reflecting a 5% monthly distribution rate without underlying liquidity pool activity tied to it.

If proven, that would mean the dashboard was not reflecting trading profits, but manufactured figures.

The Real Estate Purchases

The indictment lists specific properties allegedly purchased using investor funds:

  • Winter Park property — approximately $3.2 million
  • Kissimmee property — approximately $1.15 million
  • Windermere property — approximately $8.5 million
  • Sanford property — approximately $1.65 million

The complaint also references a $300,000 transaction on February 1, 2024, forming part of the money laundering count.

These allegations are not about lifestyle optics. They form part of the alleged criminal financial transactions underlying the charges.

An Investor Who Lost $720,000

The affidavit includes an example of an investor who lost approximately $720,000, despite being told the return was guaranteed and that the investment could be withdrawn at any time.

That example underscores the contrast between the contractual guarantees and the alleged reality.

Chainalysis and Blockchain Tracing

At the request of IRS Criminal Investigation, Chainalysis Government Solutions analysed the flow of cryptocurrency related to Goliath’s wallets.

According to the affidavit, their analysis confirmed that investor funds were moved between traditional bank accounts and cryptocurrency wallets but were not meaningfully deployed into liquidity pools beyond the small amount referenced.

This was not a surface review. It was forensic blockchain analysis.

Victim Identification and Federal Contact Information

The DOJ case page confirms that victims identified by law enforcement have received notice under the Crime Victims’ Rights Act (18 U.S.C. § 3771).

If you believe you are a victim and have not been contacted, the government has instructed individuals to email:

Goliathvictims@ci.irs.gov

Victims may also contact the Victim Witness Unit for the United States Attorney’s Office via:

usaflm.orlvw@usdoj.gov
(Include the case name in the subject line.)

Additional federal resources listed on the DOJ page include:

Crime Victims’ Rights information
MDFL USAO Victim Brochure
Financial Fraud Victim Checklist
Office of Victims of Crime
Victim Connect Resource Center
988 Suicide & Crisis Lifeline

This is now a structured federal victim process.

A Personal Note

Shortly after this became public, I received a phone call from Homeland Security asking how I had obtained a copy of the complaint before they had formally circulated it internally.

I was also told directly: this is just the beginning.

When federal investigators say that, people should listen carefully.

Presumption of Innocence

It is important to state clearly what the Department of Justice states clearly: a criminal complaint is an allegation. Every defendant is presumed innocent unless and until proven guilty in court.

That legal standard remains.

But what is now undeniable is this:

The United States government has formally alleged that Goliath Ventures was operated as a $328 million Ponzi scheme, that liquidity pool representations were materially false, that dashboard returns were manipulated, that investor funds were cycled internally, and that millions were used for personal real estate purchases.

This is no longer a liquidity delay.

This is no longer an MSB approval issue.

This is a federal criminal prosecution.

And it marks the most significant chapter in the Goliath saga so far.

More developments are expected.

And this story is far from over.

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
    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?
  29. Punit Shah Emails MSB Progress as 3 Lawsuits Hit Goliath
    Punit Shah Emails MSB Approval Progress While 3 Broward Lawsuits Hit Goliath Ventures Inc
    Punit Shah emails “MSB progress” while 3 Broward lawsuits expose Goliath Ventures’ broken guarantees and $55M claims.
  30. Goliath Ponzi Bombshell: Federal Suit Exposed
    Explosive Federal Lawsuit: Goliath Ventures Exposed as Massive Ponzi in Shocking Court Docs
    Federal lawsuit slams Goliath Ventures as massive Ponzi: fake audits, endless delays, $700K unpaid. See shocking court docs & emails— download now!
  31. DOJ Arrests Goliath CEO Christopher DelgadoI $328M Ponzi Case
    When the United States Government Calls Goliath Ventures Inc a Ponzi Scheme, the Debate Is Over (this article)
    The DOJ has arrested Goliath Ventures CEO Christopher Delgado, alleging a $328M Ponzi scheme involving fake crypto liquidity returns.

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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