Florida CEO arrested after taking $328M from victims: DOJ
Business,Big Business,CEOs,Florida,Investing,Justice Department
From the Center
AllSides Media Bias Rating: Center
The CEO of Goliath Ventures was arrested after taking at least $328 million from victim investors, the Department of Justice announced.
Christopher Delgado, the president and CEO of Goliath Ventures, formerly known as Gen-Z Venture Firm, had operated Goliath as a "Ponzi scheme" from January 2023 through January 2026.
A "Ponzi scheme" is a form of investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors, the DOJ said...
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
AllSides Picks
Red Blue Translator
Marijuana
Red Blue Translator
Big Business
Headline Roundup
Judge Blocks Trump Immigration and Asylum Policies, Orders Processing to Resume
June 6th, 2026
News
Euthanasia Malpractice, Migrant ‘Abuses’ and a Racism Ruling: Latest News You Likely Missed
Malayna J. Bizier
June 6th, 2026
