ORLANDO, Fla. — A judge on Thursday will hear from federal prosecutors who want items like watches and cars from the man who is accused of heading up a Ponzi scheme in Central Florida.
Christopher Delgado is accused of creating a crypto-based pyramid scheme.
Prosecutors are going after some of his assets in exchange for bonding out of jail.
Federal investigators say Delgado took $328 million from investors in what they describe as a massive Ponzi scheme operated by Goliath Ventures.
Delgado, the company’s CEO, was arrested in late February and now faces federal charges of wire fraud and money laundering. As the case moves through court, investors are scrambling to recover what they say they lost.
Thursday’s hearing starts at 11 a.m. at the federal courthouse in Downtown Orlando.
Channel 9 will be there to listen in on that hearing.
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