The CEO of Goliath Ventures has been arrested on federal wire fraud and money laundering charges in connection with an alleged $328 million Ponzi scheme. If you invested with Goliath Ventures or Christopher Delgado, you may have legal claims beyond the criminal case to recover your losses.
Free Confidential ConsultationOn February 24, 2026, the U.S. Department of Justice announced the arrest of Christopher Alexander Delgado, the founder and CEO of Goliath Ventures, an Orlando-based blockchain firm. Federal prosecutors allege that Delgado operated a Ponzi scheme from January 2023 through January 2026, defrauding investors of at least $328 million.
Investors were promised monthly returns generated through cryptocurrency "liquidity pools." In reality, prosecutors allege that only approximately $1 million was ever placed into any liquidity pool. The vast majority of funds were used to pay purported returns to earlier investors and to fund luxury events and travel.
Goliath Ventures was previously known as Gen-Z Venture Firm. The scheme also involved WealthMD, a company that helped investors roll over retirement accounts, pensions, and 401(k) funds directly into Goliath contracts — exposing victims to potential ERISA claims. BlackBlock Management Solutions, run by Matt Burks and Piers Curry, provided fabricated independent audit reports used to reassure investors that Goliath held sufficient reserves. Both WealthMD and BlackBlock may bear independent liability to investors they misled.
The criminal case may result in some restitution, but criminal proceedings alone rarely make investors whole. Defrauded investors often have additional civil claims against third parties who facilitated or failed to prevent the fraud.
Banks, payment processors, and financial institutions that handled Goliath Ventures funds may have failed to flag suspicious transactions or comply with anti-money-laundering obligations. These entities may bear liability for enabling the fraud to continue.
If you were introduced to Goliath Ventures through a financial advisor, broker, or other professional who received compensation for the referral, that individual and their firm may be liable for failing to conduct adequate due diligence before recommending the investment.
A federal receiver will likely be appointed to marshal and distribute Goliath's remaining assets. Properly documenting and filing your claim in the receivership is critical to maximizing your share of any recovered funds.
Depending on the circumstances of your investment, you may have individual fraud, breach of fiduciary duty, negligence, and unjust enrichment claims against Delgado, Goliath Ventures, and any entities or individuals involved in the scheme.
In fraud cases, early action is critical. Assets that can be recovered today may be dissipated or hidden tomorrow. Statutes of limitations apply to civil claims, and deadlines for filing claims in receivership proceedings can be strict.
Additionally, investors who retain counsel early are better positioned to participate in any receivership distribution, identify viable third-party claims before evidence disappears, and protect their interests as the criminal case develops.
If you invested with Goliath Ventures, preserving your own records — account statements, correspondence with Delgado or Goliath personnel, wire transfer confirmations, and any agreements you signed — is essential.
Preserve all documentation immediately — signed agreements, wire transfer confirmations, account portal screenshots, emails, and any text messages with Goliath representatives or anyone who referred you. Do not discard anything. Then consult an attorney to evaluate your civil claims, which are separate from and in addition to the criminal case.
Recovery depends on how much the government and any civil receivers are able to locate and claw back. Delgado's luxury assets — vehicles, watches, real estate — are already being seized. Investors who properly document and file claims early are best positioned to participate in any distribution. Civil claims against third parties such as WealthMD, BlackBlock, and any brokers or advisors who referred you may provide additional recovery paths independent of the criminal case.
Possibly yes. If WealthMD facilitated the rollover of your retirement account into Goliath contracts, there may be ERISA violations and broker liability claims available to you that are separate from the general fraud claims. Contact us to discuss your specific situation.
The criminal case is the government prosecuting Delgado. Any restitution ordered goes through that process on the government's timeline. Your civil claims are separate — you pursue them independently, on your own behalf, potentially against Delgado, Goliath, WealthMD, BlackBlock, and any other parties who contributed to your loss. Civil claims can move faster and reach targets the criminal case may not.
It may significantly increase your recovery options. A registered broker or investment advisor who recommended Goliath Ventures without adequate due diligence may have violated FINRA rules and securities laws, creating a separate claim against that individual and their firm. Contact us with the name of anyone who referred you.
If you invested with Goliath Ventures or Christopher Delgado, contact us to discuss your legal options. There is no cost for an initial consultation, and all representations in this matter are handled on a contingency fee basis.
No fees unless we recover money for you.