Tag: Ponzi Scheme
Christopher Delgado, Ponzi Scheme, Florida 2023
⏱ 3 min read Christopher Delgado, the President and CEO of Goliath Ventures, orchestrated a massive Ponzi scheme in Orlando, Florida, scamming over 1,000 investors out of at least $400 million from January 2023 to January 2026. Delgado’s scheme involved soliciting victims to invest in fake cryptocurrency ‘liquidity pools’ with promises of monthly returns. Instead,…
Dakota A. Smith, Ponzi Scheme, Florida 2026
⏱ 2 min read Florida man Dakota A. Smith, 35, got slammed with 15 years in the slammer for running a brazen Ponzi scheme that swindled investors out of $20 million. The scam ran from 2021 to 2024, with Smith touting fake ownership of e-commerce and aviation companies to unsuspecting investors across the US. Smith’s…
Olena Oblamska, Wire Fraud, Oregon 2026
⏱ 2 min read A 42-year-old Ukrainian national, Olena Oblamska, has been extradited from Thailand to the United States to face charges for her role in a global Ponzi and pyramid scheme that took in approximately $340 million from victim-investors around the world. The scheme, which was operated through a platform called Forsage, was advertised…
Warith Deen Muhammad, Wire Fraud and Violating the Travel Act, Virginia 2026
⏱ 2 min read Warith Deen Muhammad, a 39-year-old from McLean, Virginia, ran a precious metals investment firm in Alexandria called Niagara Gold and Silver LLC. From November 2021 to June 2023, Muhammad scammed over a dozen investors out of more than $1.5 million by promising them guaranteed profits of 5-10% and returns within 30…
Christopher Knight Lopez, Ponzi Scheme, Texas 2025
⏱ 2 min read Christopher Knight Lopez, a 40-year-old Katy man, orchestrated a massive Ponzi scheme that swindled over 40 victims out of $17 million in Houston, Texas. The scheme, which lasted from May 2015 to January 2025, involved Lopez and his brother Jayson Lopez providing false information to clients about their investments. They used…
Ronald J. Roach, Ponzi Scheme, California 2019
⏱ 2 min read A ruthless $1 billion Ponzi scheme that bilked investors has been brought to a close with the sentencing of Ronald J. Roach, 59, the accountant for DC Solar. Roach was sentenced to 66 months in prison after pleading guilty in 2019. The scheme, which was operated from California, was a brazen…
Tyler Bossetti, Ponzi Scheme, Ohio 2025
⏱ 2 min read Tyler Bossetti, a 31-year-old social media influencer from Columbus, Ohio, orchestrated a $20 million real estate Ponzi scheme, defrauding dozens of investors across the US and abroad from 2019 to 2023. Bossetti promised investors large returns on short-term investments through his company, Boss Lifestyle LLC, and used social media platforms like…
John Kersey, Ponzi Scheme, Ohio 2025
⏱ 2 min read A 20-year con job turned 65-year-old Ohio man John Kersey into a prisoner today. The former financial advisor from Maineville, Ohio, was sentenced to 5 years in prison for running an $8.6 million Ponzi scheme that targeted friends and family. Kersey, a trusted figure, convinced his clients to move their investments…
Luciano Schipelliti, Securities Fraud, Massachusetts 2023
Luciano Schipelliti, a 28-year-old Haverhill resident, is facing a potential decade-plus prison sentence after agreeing to plead guilty to defrauding investors out of $700,000 through two spectacularly failed cryptocurrency investment funds. The scheme, built on lies and fueled by reckless trading, left a trail of ruined finances and shattered trust, according to federal prosecutors. Schipelliti…
Noel Campbell, Ponzi Scheme, Florida, 2023
Convicted Ponzi schemer arrested in Florida after failing to show up for sentencing. Read about the arrest, charges, and upcoming court appearance. Learn more here.
