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Date: May 22, 2026
Contact: newsroom@ci.irs.gov
Orlando, FL – A civil forfeiture complaint has been filed against 7 real properties and 11 vehicles allegedly purchased by Christopher Delgado with proceeds of a wire fraud scheme for which he was charged in February 2026, making them subject to civil forfeiture. United States Attorney Gregory W. Kehoe made the announcement.
According to the civil forfeiture complaint, Delgado was the President and Chief Executive Officer of Goliath Ventures (“Goliath”), formerly known as Gen-Z Venture Firm. From January 2023 through January 2026, Delgado operated Goliath as a “Ponzi scheme,” which is a form of investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Delgado’s scheme involved soliciting victims to invest substantial sums of money under false and fraudulent promises of monthly returns generated through cryptocurrency “liquidity pools.” Victims were induced to give money to Goliath through personal referrals, professional marketing materials, luxury events, charitable sponsorships, and some monthly payments of purported returns, all of which were designed to establish Goliath’s bona fides with investors. Based on these false and fraudulent representations, Goliath obtained at least $400 million from more than 1,000 victim investors.
Although Goliath represented that it would place the victim investors’ funds in cryptocurrency liquidity pools, in reality, the funds were primarily used to pay purported returns to earlier investors, to return principal to investors who requested it, and for Goliath’s extravagant business gatherings, holiday parties, and luxury travel accommodations. Delgado used approximately $17 million in victim investors’ funds to buy five homes and office space. He also spent more than $2.5 million in victim investors’ funds to purchase, lease, or pay off loans on 11 vehicles (the “Defendant Assets”). Most of these purchases or loan satisfactions constituted monetary transactions knowingly conducted by Delgado with more than $10,000 in proceeds of wire fraud, making those Defendant Assets subject to forfeiture as property involved in money laundering. In addition, Delgado used victim investors’ funds to make mortgage payments on a home he had purchased in 2021.
The chart below includes the Defendant Assets as well as their purchase price and acquisition date.
| Purchase date | Defendant asset | Purchase price |
|---|---|---|
| 9/5/2025 | 5271 Isleworth Country Club Drive, Windermere, FL | $8.5 million |
| 7/31/2025 | 141 S. Phelps Avenue, Winter Park, Fl | $3.2 million |
| 5/29/2025 | 189 S. Orange Avenue, Unit 1800S, 1810S, 1820S & 1870S, Orlando, FL | $3.2 million |
| 4/22/2025 | 2025 Lamborghini Revuelto | $719,517.01 |
| 4/21/2025 | 2024 Rolls Royce Ghost | $379,995 |
| 4/9/2025 | 2024 Bentley Bentayga | $285,540 |
| 3/30/2025 | 2024 Lamborghini Huracán EVO Spyder | $473,723 |
| 3/19/2025 | 2025 Cadillac Escalade V | $238,561.25 |
| 3/4/2025 | 2024 Lincoln Navigator L | $125,862.37 |
| 2/13/2025 | 17416 Bal Harbour Drive, Winter Park, FL | $740,000 |
| 12/5/2024 | 222 Pawnee Trail, Kissimmee, Fl | $862,500 |
| 8/5/2024 | 7333 Bella Foresta Place, Sanford, FL | $1.65 million |
| 4/12/2024 | 1951 Mercury | $52,000 |
| 1/12/2024 | 2017 Mercedes Benz C300 | $15,000 |
| 10/27/2023 | 2023 Rolls Royce Cullinan | $472,350 |
| 9/5/2023 | 2022 Mercedes Benz Sprinter | $235,804.96 |
| 10/23/2022 | 2022 GMC Sierra HD | $93,963 |
| 12/20/2021 | 746 Cavan Drive, Apopka, FL | $725,000 |
Since February 2026, the United States has been seizing assets traceable to the fraud scheme perpetrated by Delgado and others through Goliath Ventures, Inc. The Defendant Assets are a particular subset of forfeitable assets that are expensive to maintain and either depreciating in value, secured by liens and/or subject to property taxes that are continuing to accrue significant interest and may be in default. In order to maximize the recovery of fraud proceeds, the United States has determined that these assets must be forfeited as expeditiously as possible. One of the primary goals of the Department of Justice’s Asset Forfeiture Program is recovering assets that may be used to compensate victims when authorized under federal law.
The United States’ criminal investigation of the fraud scheme is ongoing. Investigators are also working to locate and seize additional property— held by Christopher Delgado or others—traceable to proceeds of Goliath fraud.
This civil forfeiture case is being investigated by the Internal Revenue Service Criminal Investigation and Homeland Security Investigations. It is being prosecuted by Assistant United States Attorneys Anita Cream and Blain Goff.
IRS-CI is the law enforcement arm of the IRS, responsible for conducting financial crime investigations, including tax fraud, narcotics trafficking, money laundering, public corruption, healthcare fraud, identity theft and more. It is the only federal law enforcement agency with investigative jurisdiction over violations of the Internal Revenue Code. IRS-CI has 18 field offices located across the U.S. and maintains an international presence through attaché posts abroad.