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·YouTLDR

Exposing a $300,000,000 Scam

31:41EnglishBy CoffeezillaTranscribed May 25, 2026
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0:00

My God-given gift was that people are

0:02

attracted to me. People just naturally

0:05

gravitate towards me. My circle of

0:07

influence started growing. So natural.

0:09

>> Today we're investigating one of the

0:10

hardest cases of my career, a $300

0:13

million private equity company called

0:15

Goliath Ventures, where the CEO was

0:18

taking private planes, buying

0:19

Rolls-Royces, expensive mansions, while

0:21

claiming that the whole thing was

0:22

audited, backed 115%. They even took

0:26

retiree money. I mean, what could go

0:28

wrong? And when I was called to

0:29

investigate them six months ago, I

0:31

really had no idea what I was stepping

0:34

into. Little did I know this would be

0:36

one of the toughest cases of my career.

1:01

So, the first time I ever heard about

1:02

Goliath was actually from another

1:04

journalist.

1:06

>> My name is Danny Deick and I've been

1:09

investigating Goliath Ventures since the

1:12

1st of September, 2025.

1:14

>> That's Danny. He's a journalist who's

1:16

been featured by the New York Times and

1:18

he told me Goliath was a company that

1:20

had hundreds of millions of dollars

1:22

invested and something just didn't feel

1:24

right. So my first question to him was,

1:26

"Well, who runs this thing?"

1:28

>> The man behind it all, Christopher

1:30

Delgado.

1:30

>> Today's guest is someone real special.

1:32

My friend, when I heard your story, I

1:35

just zoned into it. I'm like, I have to

1:37

have this gentleman on my podcast. Not

1:39

one person, and I did my I do my

1:41

research. My team does a lot of

1:42

research. call people and not one

1:44

individual came back negative. Chris,

1:47

welcome.

1:48

>> Thank you for having me, Katie.

1:49

>> Chris, where you come from?

1:51

>> I'm originally from California. I'm

1:53

first generation Mexican American. My

1:56

mom was born in Amanthus, Mexico. She

1:59

came over here in her early teens. We

2:01

grew up in a trailer park in Fontana,

2:04

California. I'm just going to draw a

2:06

picture for y'all. Go on social media. I

2:09

follow him very closely. Private jet.

2:11

You see the celebrities. You did Patrick

2:13

Bavid standing next to you at the Yankee

2:14

Stadium, but you come from a trailer

2:16

park.

2:17

>> Yeah, it's uh actually sometimes I look

2:21

back at myself. I look at the things

2:23

that I've been able to do and accomplish

2:25

and where I'm at in life and who is in

2:27

my circle and who I can call as friends

2:30

and I I amaze myself. But I think a lot

2:33

of that comes with opportunity. I don't

2:36

think people really understand the

2:37

amount of risk that I took early on in

2:40

my life. Not only my corporate career,

2:42

but also even with my current company

2:45

and what I was willing to do and what I

2:47

was willing to lose to get to this part.

2:50

Now, let's be honest. If you saw that

2:52

kind of story anywhere but on this

2:54

channel, you might say Chris represents

2:56

the American dream. His mom is an

2:58

immigrant. He came from a trailer park.

2:59

He took risks. And by his early 30s,

3:01

he's rich, successful. But when I saw

3:04

this, the first thing I thought was,

3:06

"Well, where's the pitch, right?" I

3:08

mean, just to state the obvious, this

3:10

whole lifestyle on Instagram thing, the

3:12

celebrity friendships, the story of

3:14

overcoming all odds, it's pretty

3:16

textbook marketing for a pitch, a sale.

3:19

But with Goliath, it was like the

3:21

opposite. No matter how much I watched

3:23

clips of Chris, I just never found the

3:25

pitch.

3:26

>> Was would I be open just knock on your

3:28

door? Hey, Chris, I have some money. Can

3:30

I invest with you?

3:31

>> No. But so like a private

3:32

>> very private interesting my money more

3:35

of a consulting even with Goliath.

3:37

>> It's it's private.

3:38

>> It's private. Even if you knocked on our

3:40

door

3:41

>> you're not getting in right away.

3:42

>> Yeah. No, we're a private equity firm.

3:44

We only want to work with certain

3:46

individuals, you know, and we have a

3:48

very

3:49

structured model and we don't want to

3:52

bring people in that want to change that

3:55

structure. This is the success behind

3:57

the company. this is how we're willing

4:00

to operate and and play with you with

4:02

and if you don't want to adhere by our

4:05

rules or the structure that has had

4:07

tremendous success then you're just not

4:09

the right partner for us. So

4:11

>> this was a private equity investment

4:15

company which means sh I've got an

4:18

investment opportunity. This sounds too

4:20

good to be true. That is too good to be

4:22

true that they kept around the friends

4:24

and family. They didn't do any public

4:27

advertising other than Patrick Mendav's

4:29

event. I should say could make passive

4:31

income for myself, raise my family and

4:35

basically enjoy life. And that's how all

4:37

these schemes grow is word of mouth.

4:40

>> Now Danny's right here. Goliath was

4:42

mostly run on word of mouth. And it was

4:45

tough because of that to find claims

4:46

early on because this thing was very

4:48

hush hush. It wasn't until I found

4:50

someone who actually was on the inside

4:52

an investor that I learned what this

4:54

whole thing was about, why people were

4:56

investing millions of dollars.

4:58

>> I got into Goliath via trust. I've heard

5:00

a lot of stories of other people getting

5:02

in from trust as well, and it's it was

5:04

like a chain reaction. So, I trusted

5:06

someone who trusted someone who trusted

5:09

someone that knew the director of

5:10

partner services there. Right. Trust can

5:12

go a long way. I remember the day that

5:14

uh I was told about the investment

5:15

opportunity and that was on February uh

5:18

February 9th, 2024. That was the day I

5:20

was told about it.

5:22

>> Tell me what the pitch was to you.

5:25

>> You know, these guys within this private

5:27

joint venture fund, they invest the

5:30

money into liquidity pools. And I'm not

5:33

going to tell you that. I know I'm an

5:34

expert in liquidity pools. I kind of

5:36

knew how it worked. Sure, the returns

5:38

were crazy, but I thought they were on

5:39

to something. And there it is. That's

5:42

finally the pitch we were looking for.

5:44

We discovered that Goliath is a company

5:46

managing liquidity pools. And this is

5:49

something I'm deeply familiar with from

5:51

my past work. Better yet, my source gave

5:54

me emails, contracts, and I immediately

5:57

knew Danny was right. Something was

5:59

wrong. Goliath claimed they were making

6:01

all these profits from liquidity pools

6:04

on Uniswap, which based on my experience

6:06

would generate maybe 4 to 10% a year.

6:10

Meanwhile, Goliath's contracts with

6:12

investors said they would be paid 3,

6:14

four, 5% a month, and you could take

6:17

payouts or you could leave it in. You

6:19

could do something they called hyper

6:20

compounding. Now, obviously, those

6:22

numbers don't add up. Goliath would be

6:24

spending more money than they made. But

6:26

the problem is Goliath is paying out at

6:28

this point. And so no one wants it to

6:31

stop. No one except for Danny who

6:33

wouldn't stop digging.

6:34

>> You need to look into my liquidity

6:36

partners because that's where it all

6:37

started. It's a mirror image of GL

6:40

Ventures. They registered the domain

6:42

name for my liquidity partners and GL

6:45

Ventures 20 days apart. I think Chris

6:47

just copied their concepts.

6:49

>> Well, let's find out. Let's look at

6:51

their website. It's dead right now, but

6:53

pulling an old archive, we do see

6:55

similarities. liquidity pools run on

6:58

unis swap allowing you to hyper

7:00

compound. Then I saw this photo from

7:03

Danny. That's Chris Delgado with Verlin

7:06

Sansiango, the creator of My Liquidity

7:08

Partners, who allegedly fled to Dubai.

7:11

Now, to be clear, My Liquidity Partners

7:12

was found to be a Ponzi scheme. Could it

7:15

be that Goliath was stealing another

7:17

person's playbook and operating it as a

7:19

private equity firm? I mean, it's

7:21

obviously a big accusation to make. So,

7:23

I started digging through my old Ponzi

7:25

cases and found another link, Trader

7:28

Domain, a Ponzi scheme I investigated

7:30

years ago. I had all their insider

7:32

emails and I found within them Chris

7:33

Delgado. He was emailing as a special

7:36

investor trying to withdraw $1.3 million

7:39

from a collapsed scam. And this is when

7:42

all his old claims about taking risk

7:44

came back to me. I don't think people

7:46

really understand the amount of risk

7:48

that I took early on in my life. Not

7:51

only my corporate career, but also even

7:53

with my current company and what I was

7:56

willing to do and what I was willing to

7:57

lose to get to this part. At this point

8:01

in the investigation, I'm like 99.9%

8:04

sure this is just a Ponzi scheme worth

8:06

hundreds of millions of dollars. Chris

8:08

is already involved with some the

8:09

numbers don't make sense. And so I'm

8:11

thinking clearly I'm going to make a

8:13

video, right? But that's when the first

8:15

lawsuit dropped.

8:16

>> I have been sued in America and the

8:19

dumbest thing I could ever do is turn up

8:21

in America. Hello.

8:25

>> Yeah, but they're going to try to bury

8:27

you financially. I'm already buried

8:29

financially cuz that's the crazy thing

8:32

in the lawsuit. My my take on it is

8:35

they're trying to tell me to back up the

8:38

bus and ski tactics. Round about early

8:40

October,

8:42

Christopher tried to serve me.

8:44

>> So, do you realize that those papers are

8:46

from a company that has stolen $500

8:49

million from American investors?

8:52

>> Hey, Danny, I have no idea about that.

8:53

You might be 100% correct, Danny, but

8:55

I've I've got no control. Yeah.

8:57

>> So, I've just got to give them to you.

8:58

>> Yeah.

9:00

>> Yeah.

9:01

>> Well, I got to figure out what I'm

9:04

going to do next.

9:08

I got big problems, Baxel. I got big

9:11

problems. Oh my god.

9:13

>> Oh jeez. Coffee, don't tell me you

9:14

brought a lawsuit into my bar.

9:16

>> No. No. This is I might get sued. This

9:20

whole complaint. They sued Danny and now

9:23

everybody's freaking out. I

9:25

>> Of course they're freaking out. Have you

9:27

seen this guy's building? Chris has a

9:29

lot of money.

9:30

>> Well, yeah, obviously. And that's the

9:31

problem. I can't afford to get sued

9:33

right now. But what what am I what am I

9:36

supposed to do? This like this ruins

9:38

everything.

9:39

>> You could always report it to the

9:40

government, not release a video.

9:43

>> You don't think that' work in this era?

9:46

The odds are basically zero.

9:48

>> Copy. I don't see how you have any other

9:52

choice.

9:56

>> Maybe you're right. Maybe.

10:00

Maybe you're right. I mean, it's worth a

10:02

shot, right?

10:03

>> Yeah. You betcha.

10:05

>> All right. Well, thanks anyways. Um,

10:09

later.

10:11

>> Wait, what about your tab?

10:14

Never pays his tab. Always comes out of

10:16

my paycheck. Matter of fact, hold on.

10:19

I'm his sidekick. He should be paying

10:21

me.

10:23

Here we go. Will Coffeezilla release a

10:26

video about Goliath Ventures?

10:29

Not anymore.

10:33

Big Maxwell Bucks, here we come.

10:37

>> So, uh, I don't really know how to say

10:40

this, but it was at this point I decided

10:41

to file a whistleblower complaint to the

10:44

government. Sort of a Hail Mary. I mean,

10:47

I didn't know what else to do. And yes,

10:48

I know that's rich coming from the crime

10:50

is legal guy, right? But what some of

10:52

you don't know is I've done this several

10:53

times before. Whenever I have enough

10:56

evidence, I do feel it's important to

10:57

not just make a YouTube video about it,

10:59

but give the evidence to the proper

11:01

authorities. that is continued even as

11:03

our regulators have been gutted. Now

11:05

normally I never talk about this

11:07

activity because one a lot of times it

11:10

goes nowhere but also it can be

11:12

sensitive and so I generally don't talk

11:15

about it but in this case it is

11:17

essential to understanding what actually

11:19

happened next because without that

11:21

whistleblower complaint I was ready to

11:23

give up on this case. I mean I literally

11:24

was like what am I going to do here? I'm

11:25

I'm going to get sued if I talk about

11:27

this and like what are my other options?

11:30

But as I started to pull together

11:32

evidence for this government tip, I got

11:34

an email archive of Goliath's old

11:36

newsletters and I start to see more and

11:39

more of what they've been telling

11:41

people. And I'm just like I I can't

11:43

believe what I'm seeing. I mean near the

11:45

top a financial audit. They sent out a

11:48

newsletter saying that they had an

11:50

independent audit and the independent

11:52

audit have come back and said 115%

11:55

of investors funds were secured for the

11:58

whole year of 20124.

12:00

So to be clear, this is an announcement

12:02

of an audit sent to investors to

12:04

reassure them Goliath was backed 115%.

12:08

Now the key question is who's the

12:10

auditor? Who did the audit? Well, it

12:11

turned out it was Blacklock Management

12:13

Services. Now, just the name of that

12:15

company got people pretty confused right

12:18

away.

12:18

>> I was on the phone to a fire lady and

12:21

she was raving on about he's been in

12:23

Forance magazine and I'm going, they pay

12:26

for this. It's it's common sponsored

12:28

advert. No interviewer, no name. And the

12:32

funniest one, well, it wasn't funny, but

12:33

they said, but they they are part of

12:36

they're invested with Black Rock.

12:39

And I go, "No, it's Black Block." And I

12:42

said, "Go to my blackb block." It's very

12:44

confusing.com.

12:46

And it's not and that's in the contract.

12:48

You've just misheard it.

12:49

>> So Black Block, a fly by night company,

12:52

not Black Rockck, the world's largest

12:53

asset manager, is the actual people who

12:55

audited this company. They are led by a

12:58

guy named Matt Burks. And he's going to

13:00

be very important to our story because

13:03

this is when I started to first hear

13:05

about retirement funds.

13:07

>> You want to know more nonsense? those

13:08

retirement funds that they rolled over

13:11

or I I'm I'm still actually confused as

13:13

to how they were able to take other

13:15

people's retirement funds.

13:16

>> They took people's retirement funds.

13:18

>> Yeah. So, people rolled over their IAS.

13:21

Um and and I'm not saying that's as in I

13:23

know anybody who did this, but that's

13:24

what they they also promoted the

13:26

retirement fund stuff.

13:28

>> They promoted that.

13:29

>> Yeah. Yeah. As in like they had like

13:31

this team doing uh I think it was Piers

13:33

Curry is from what I've uh MD the name.

13:36

Yeah. something like that.

13:38

>> Now, you can see the recognition from me

13:40

there. My WealthMD was this program I

13:42

had seen pop up over and over again.

13:45

Well, if you go to their page, who do

13:47

you find behind it? None other than Matt

13:49

Burks. The same person behind the audit

13:52

company, Blackblock, is the founder of

13:55

My Wealth MD. And I got a copy of their

13:58

investment contract. What I noticed is

14:00

it looks very similar to Goliath's, but

14:02

it gave you lower profits, only 2% a

14:05

month for the first million. And to make

14:07

it stranger, Goliath Ventures was

14:10

nowhere mentioned on their contract at

14:12

all. Not only that, the website was

14:14

clearly catered to older people, which

14:17

concerned me. Unlike Goliath, they had

14:19

videos of retirees endorsing the

14:22

company. definitely recommend them in

14:24

particular uh for any financial

14:28

retirement goals. Yeah, I I'd feel very

14:30

confident giving his name out to any of

14:33

my friends or relatives.

14:34

>> I would recommend to anyone, friends,

14:39

people I care about, have him meet with

14:41

them and discuss their issues cuz I feel

14:44

sure he can help them.

14:45

>> Now, I guess the question is, is this

14:47

related to Goliath if their name's not

14:50

on the contract? Well, that's when Danny

14:52

found an insider meeting between Goliath

14:55

and Matt Burks explaining how they'd be

14:58

managing retirement funds through My

15:00

Wealth MD. It's a trillion dollar market

15:03

retirement accounts. So, in qualified

15:05

money, yes, essentially the way it works

15:07

is whatever percentage they get they get

15:09

paid. The fee over that just gets split

15:12

between the referring partner director

15:14

and WealthMD. That's how it works.

15:16

Wealth MD does all of the work. You're

15:19

responsible for zero.

15:21

>> It's just half and half. You do zero

15:23

work. Zero work for you. This is a room

15:26

of basically recruiters for Goliath

15:28

Ventures. And what they're told is they

15:30

could get retirement money and funnel it

15:33

into My Wealthmd who would manage the

15:35

backend and split profits with them. And

15:38

then someone asked, "When can we start

15:40

doing this?"

15:41

>> Is this going to effect? Right now.

15:43

>> Right now. It's available.

15:44

>> Real quick. Time out.

15:46

>> Time out. sit before you don't get too

15:49

excited. If someone is currently at a

15:52

job, they have a 401k, thrift savings

15:55

plan, something like that, that money we

15:57

can't touch. If they are currently

15:59

making contributions into a plan, it is

16:01

not eligible for roll out in service to

16:05

retire.

16:05

>> Okay, there is one to retire today.

16:08

>> This is why if someone has a qualified

16:10

plan, you say, "Call Matt. I know those

16:12

questions to ask." And so if there's a

16:14

way to get the money out, I I will get

16:16

it.

16:17

>> Wow. When I saw this clip, I I could not

16:20

believe it. If there's a way to get the

16:22

money out, I will get it. I mean, they

16:24

were scheming to get retirement money,

16:27

which types they could legally get. And

16:29

from the testimonials on their website,

16:32

it sounds like they did that.

16:33

>> We would meet yearly and usually every

16:35

time I came in, uh, you know, it was a

16:38

pleasant surprise. you know, the

16:40

accounts going up or they would find new

16:43

accounts out there that I could transfer

16:44

funds from one account to another and

16:46

and make a bonus money. So, there was

16:48

those kind of surprises, but uh and

16:50

there was a lot of them. So, yeah. Is

16:52

this not completely insane? They were

16:55

hunting down retirement accounts to add

16:57

to Goliath. And the same guy running the

17:00

retirement money is auditing Goliath and

17:02

saying it's back to 115%. Now, at this

17:05

point, I finish my whistleblower report

17:07

and I send it off to the DOJ program on

17:10

October 24th, 2025. And I'm nervous

17:13

because even on the best days, it's an

17:15

uncertain thing. It takes forever. But I

17:17

know that Chris Delgado is very well

17:20

connected. I discover he's donated to

17:23

key figures. He went to the White House

17:25

and guess who we met?

17:28

FBI Director Cash Patel.

17:32

You are so

17:34

>> Why did it have to be Cash? I mean, of

17:37

all the people, the one guy I've been

17:38

talking about for months about Epstein,

17:40

you don't think he actually saw those

17:42

videos, right?

17:43

>> Copy. Copy. It's a side channel. Nobody

17:46

cares about the Epstein files.

17:49

>> These videos have like a few thousand

17:50

views.

17:51

>> Million views. Yeah.

17:52

>> Yeah. You're fine. Don't worry about it.

17:55

>> Okay. Okay. Well, if you think so, I

17:57

mean, I'll trust you. I just cuz it

18:00

actually gets worse than that. I mean,

18:02

the worst part is that it doesn't stop

18:03

there. Uh he kind of, you know, said

18:08

that he might have Cash Patel in his

18:10

pocket.

18:11

>> I have heard statements from Chris where

18:13

he reckons that he's got Cash Patel in

18:15

the bag.

18:16

>> What does that mean?

18:17

>> That means that he thinks that if he

18:18

gets in the

18:20

Cash Patel.

18:22

>> You just have to imagine my morale on

18:25

this case. It is at an all-time low at

18:28

this point. I mean, let's look at the

18:29

facts. Chris has retiree money.

18:31

Supposedly, he claims he has cash

18:33

battal. And what do we got? Well, Danny

18:35

is getting sued by Chris. He's already

18:37

broke. I'm being sued in a separate

18:39

case. I'm trying not to go broke. And

18:41

I'm thinking, you know, we can't do

18:43

this. This case is literally David verse

18:46

Goliath. The deck is stacked, except

18:48

instead of David, we have Danny. And

18:51

instead of Goliath as a giant, he has

18:53

frosted tips and a few hundred million

18:55

dollars. Or at least we thought he had a

18:57

few hundred million. We weren't exactly

18:58

sure. I mean, soon we learned he

19:00

probably wasn't as liquid as we thought.

19:02

Ponzi schemes have a way of doing that

19:04

to you.

19:04

>> We heard from numerous sources that some

19:06

people weren't getting paid in November

19:08

and then later on we found out that went

19:10

back to October that people had actually

19:12

started missing their dividends.

19:15

>> So, this is honestly the nightmare

19:17

scenario that we were always trying to

19:19

avoid because when payments freeze, this

19:21

is when it starts to hit the retirees,

19:23

the investors the hardest. They start to

19:25

panic. They genuinely thought this thing

19:27

was audited, backed, you know, they were

19:29

told that. And then they're scared to

19:31

talk now, too, because Danny is getting

19:33

sued. So, at this point, it's November

19:36

2025, and I feel like I don't know what

19:38

to do. So, I just reach out to Chris

19:40

Delgado. I don't know if I'm going to do

19:42

a story, but I demand to see the Black

19:44

Block audit details. Chris responds. He

19:47

can't show me because he says that

19:48

auditor is a witness in his case verse

19:51

Danny. I ask how much money Goliath

19:54

manages. Chris responds, "Hundreds of

19:56

millions." Finally, I address the

19:58

delayed payments. Chris claims he had to

20:00

freeze the funds for a full forensic

20:02

audit. And then says that they're

20:04

actually going to be resuming the next

20:06

payments would come December 15th. Now,

20:08

I was kind of surprised cuz that was

20:10

only in a month that we'd find out the

20:12

truth. Unfortunately, I later learned

20:14

this is also what the investors were

20:16

told. I think he was just that was just

20:18

pulled out of his ass to make sure it

20:21

wouldn't be awkward at the Christmas

20:22

party

20:22

>> which we had people inside the event who

20:27

had got through the security and were

20:29

filming the inside of this event with

20:31

Jason Derello. This was like a big $5

20:34

million event that was just over the

20:37

top. The people that we had in the event

20:39

were telling us that it was no expense

20:42

spared. Meanwhile, all money was frozen.

20:45

I think it was on the 12th of No, maybe

20:47

the 10th of December. And then

20:50

Christopher took off back to Dubai on

20:52

the 15th of December. And that was

20:54

disgusting at that time. So right before

20:56

payments are supposed to come out, they

20:57

have this big $5 million party with

20:59

Jason Derulo. Investors are feeling

21:01

good. And then of course the 15th

21:03

arrives, nobody gets paid. And you know,

21:06

I don't know what to do. I feel terrible

21:07

for people, but at the same time, you

21:09

know, nobody's talking. There's still

21:12

this threat of a lawsuit. And I've

21:14

contacted at least probably a hundred

21:16

people for this story at this point who

21:17

had money in Goliath or knew about

21:19

Goliath. And basically almost all of

21:21

them are terrified or embarrassed. And

21:24

at this point I'm wondering if I can't

21:25

get people on the record, you know, how

21:28

else can I establish from 99.9% to 100%

21:31

that this thing is just fully fake. And

21:34

that's when I did some more digging.

21:36

Specifically, I wanted to focus on a

21:38

certain map I had seen. This is a map of

21:42

Goliath Ventures money. It's something I

21:44

put in my whistleblower report and it

21:46

basically explained how they claimed the

21:49

money would be sent around. Basically,

21:51

people were wiring money into Goliath

21:54

that goes to Coinbase. Eventually,

21:56

that's sent to Uniswap for liquidity

21:58

pools, which then they paid people out

22:01

of. And I realized if this was on the

22:04

blockchain, we should be able to see

22:06

proof of this, like trace it back to

22:09

these supposed liquidity pools. But

22:11

where do we start? Well, I had some

22:14

victim's crypto payout wallets that I

22:16

decided to use. I trace them backwards

22:19

through the payments because in theory,

22:21

if Goliath is really using those

22:23

liquidity pools, I should see payouts

22:24

coming from wallets connected to them,

22:27

right? And eventually after I had done

22:29

that, what did I find?

22:32

There are no liquidity pools in this

22:35

scheme. Well, there was a tiny little

22:37

bit. What I found was a little over

22:39

$20,000, but almost all of the money,

22:41

tens of millions of dollars, was going

22:43

straight from Coinbase to pay out old

22:46

investors. And Goliath says themselves,

22:49

the Coinbase money, where's it coming

22:51

from? New investors. So, putting this

22:55

together, new money goes to Coinbase,

22:57

which pays out old money. And it was at

23:00

this point I excitedly brought my

23:01

results to Danny to see what he thought.

23:04

>> So there's no there's no incoming money.

23:06

What do they have at? So it's that's a

23:08

graph of Ponzi scheme. It's just

23:11

brilliant. So that's fantastic. So

23:12

that's great. I mean that there is the

23:15

that's just everything they have said is

23:17

just been um just undone very simply

23:21

which is

23:23

it's actually quite um disturbing that.

23:25

>> Why do you say that? Well, they've just

23:27

lied to everybody. They've they've just

23:30

said that they were doing something and

23:32

we've been I'm not crypto clever and all

23:35

of a sudden they've been telling

23:36

everyone they've been doing Yeah.

23:38

pancake swaps. And somebody told me to

23:40

say, "Oh, well, you know, it doesn't

23:41

make enough money to do the type of

23:44

liquidity they are doing." And here we

23:46

are. We've just got a graph in front of

23:48

us here where it just shows

23:51

there's no there's no trading. It's a

23:53

straight Ponzi scheme right here. By

23:56

now, I had all the pieces. I had the

23:59

pitch. I had the proof. I had the Ponzi.

24:02

I had done my best to report this thing,

24:05

but people are not being paid at this

24:07

point, and I don't care anymore. I mean,

24:09

I'm going to go public whether I get

24:11

sued or not. I've done my best to do all

24:13

the due diligence I can. And so, it was

24:16

at this point I start writing the story.

24:18

And right as I do, right before I filmed

24:22

it, the craziest thing happened. Orange

24:25

County man charged with running a

24:26

multi-million dollar Ponzi scheme posted

24:28

a million-dollar bond earlier today.

24:30

>> The Justice Department says Christopher

24:31

Delgado stole more than $328 million,

24:34

but instead of investing it in

24:36

cryptocurrency, he pocketed the money

24:38

and only we were there to ask him about

24:40

it as he left the federal courthouse.

24:43

>> Mr. Delgado, West investigates, can we

24:46

talk to you about the charge against

24:48

you? West 2 News was the only news

24:50

organization outside the federal

24:51

courthouse as Christopher Delgado left

24:53

the building. An ankle monitor now

24:55

installed to track his whereabouts

24:57

pending trial.

24:58

>> You can contact my counsel. Have a

25:00

blessed day.

25:01

>> Meanwhile, Delgado left the federal

25:03

courthouse Wednesday in a Rolls-Royce.

25:09

>> You could not imagine my shock when I

25:12

saw this. Christopher Delgado was

25:16

charged with running a $328 million

25:19

Ponzi scheme. And almost better than

25:22

that, immediately afterwards, I found

25:25

out that the lawsuit against Danny got

25:27

dropped in full. And this is where I

25:30

really have to say, I have no clue,

25:32

honestly, how much or little of my

25:35

whistleblower report was used. I give

25:37

full credit to the uh team who actually

25:40

investigated and charged Chris for

25:41

chasing down the facts. However, what I

25:43

do know is that Danny was a massive help

25:46

to everyone. The amount of information

25:48

this guy dug up along with his team he

25:51

calls the Avengers is just staggering.

25:54

And I really have to give them credit.

25:55

But honestly, if it hadn't been for me

25:57

trying to get this whistleblower report,

25:59

this video probably wouldn't have

26:00

existed. I would have dropped the case

26:02

for sure. It was only chasing down those

26:05

last things, trying to prove this, even

26:07

though I knew there was really nothing I

26:09

could do that drove me to get to this

26:12

point. And given that Danny was such a

26:14

huge part of that, I'll link his Kofi

26:16

account if you want to support his work.

26:18

He didn't ask me to say this. I'm doing

26:19

it because I happen to know that

26:21

financially he he's not doing amazing.

26:24

Let's just say investigative journalism

26:26

when you're being sued is not very easy

26:28

and you need lots of support. But

26:30

honestly, this whole thing felt surreal

26:32

and I knew Danny had to be my first call

26:33

when I heard the news.

26:36

>> Danny the heck. We finally got the news

26:40

that Chris Delgado got arrested today at

26:43

you were the first person I had to call.

26:44

What was that like emotionally?

26:47

>> Well, I didn't actually could I didn't

26:50

absorb the information. It was just like

26:54

it was just ridiculous. Uh, I did have a

26:57

lot of interesting parts cuz I was

26:59

talking to Homeland Security at the same

27:00

time and they didn't know he had been

27:02

arrested or that it was they couldn't

27:05

provide me any information about the

27:07

arrest. And I said, "Well, I've got the

27:08

document here." Cuz he rang me because I

27:10

gave him the actual court filings. And

27:13

he said, "We haven't got that yet. How

27:15

did you get it?" I said, "I could tell

27:17

you, but I'd have to shoot you."

27:19

>> It's unbelievable. I'm shocked. They

27:21

never move this fast. So John, who heads

27:25

the investigation, said he's been

27:27

investigating for 20 years, and he said

27:29

this is the fastest that they've ever

27:31

got an indictment done. It always takes,

27:34

Danny, let me tell you, it always takes

27:36

years. Even you were just you were I was

27:40

just interviewing you

27:43

a moment ago and we were both talking

27:45

this is never going to happen.

27:47

>> I actually when I found out, I actually

27:49

burst into tears, mate. I'll tell you.

27:51

Um, even when I got back to New Zealand,

27:54

um, my partner was taking a photo of me

27:56

walking through and I just burst into

27:57

tears. It just hits you like a ton of

27:59

bricks, this sort of stuff. And even

28:01

just before we we talk to you today,

28:04

I've just found another lady that's in

28:06

um, Canada. uh 230 odd,000, put $100,000

28:11

in, sold her house, put the proceeds of

28:14

her house into the investment, and also

28:17

put um some credit card money in there,

28:19

and now she just realized it's a scam,

28:21

and she doesn't feel like she's got

28:22

anyone to help her.

28:23

>> It's brutal. This this has affected so

28:26

many lives so negatively.

28:29

I'm so happy that he's he's getting

28:32

charged as he should.

28:33

>> We don't even really want this sort of

28:35

result, you know. It's not what we do

28:37

it. It it is actually just trying to

28:39

make a difference. The power of our

28:41

investigations is where I really I'm

28:44

prideful of that. The team that I have

28:46

of volunteers is absolutely

28:50

first class.

28:56

>> I can't believe we got it. We got it.

29:00

>> Oh yeah. Mhm. Yeah. What are we uh what

29:04

are we celebrating? The bet finally paid

29:07

off.

29:09

Yeah.

29:10

>> Wait, you knew about the bet?

29:12

>> Of course. What do you mean? This is

29:13

your idea. Go all in.

29:15

>> Okay. All right. I wasn't expecting you

29:17

to be so cool about it.

29:18

>> Cash came through. Cash came through.

29:21

>> That's what I'm talking about. All

29:23

right.

29:23

>> I never thought I've been making fun of

29:26

him for for a long time, BUT THEY GOT

29:28

HIM. THEY GOT THE ARREST.

29:31

>> WAIT, WHAT?

29:34

>> CHRISTOGADO. They got him.

29:36

>> Oh. Oh, no.

29:38

>> You pulled it together. I'm proud of

29:40

you.

29:40

>> Hold on. I got to make some calls.

29:42

>> Hey. Yeah. YOU TAKE WHATEVER CALL YOU

29:43

NEED, CHAMP. YOU TAKE WHATEVER CALL YOU

29:45

NEED.

29:47

>> NO. YEAH.

29:50

>> YEAH. NO. The deal's off. The deal's

29:52

off. Pull out. Pull out now.

29:57

>> Oh god.

29:58

>> Uh, wait. I

30:02

>> Are you crying? I can't cry. You know I

30:05

can't cry. I'm very sensitive about

30:07

that.

30:08

>> I thought you'd be so happy.

30:10

>> You sold me out. You knew. You knew the

30:12

whole time, didn't you? What happened to

30:14

crime is legal?

30:17

>> That was last year. I mean, this is, you

30:19

know, I GUESS THEY CATCH SOME OF THEM.

30:21

We were wrong about that a little bit.

30:23

>> Crime ruined.

30:24

>> Crime is partially legal.

30:26

>> I'm going to have to sell my figurines.

30:28

Curse you, Cash Patel. Why?

30:33

Why?

30:35

Well, well, well. You made it to the

30:37

last part of the video, but not the end.

30:40

This is the part where we watch all the

30:42

fine folks at patreon.com/coffezzilla

30:44

who make this show possible. You guys

30:46

know we don't do sponsorships. We don't

30:48

shill out to private equity, okay? This

30:50

is an independent show because of you.

30:53

And actually, we have a brand new

30:54

investigation that just went live

30:56

related to this video. We actually had a

30:58

whole new investigation spawn. Uh, we

31:01

opened a cold case that was basically

31:04

created by a UFC Hall of Famer who

31:05

exposed a Ponzi scheme. Super

31:07

interesting story and it intersects with

31:09

this one in a fascinating way. You'll

31:11

see some players from this and uh it's

31:13

only available right now on

31:14

patreon.com/coffzilla

31:16

as are all early episodes adree. So if

31:19

you enjoy this video, you enjoy content

31:21

like this, uh be part of what makes it

31:23

possible. We really appreciate it. Sorry

31:25

this one took so long. As you can see,

31:27

we put everything into each episode. So,

31:30

um, thank you again and, uh, I'm going

31:32

to go watch and admire, really, frankly,

31:36

the names that could be you next

31:38

episode.

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