$328 million Ponzi scheme, luxury cars and mansions + fake liquidity pools, why do people always believe this script?

CoinWorld news: According to the U.S. Department of Justice, Christopher Alexander Delgado, CEO of Goliath Ventures, was arrested by federal authorities on charges of wire fraud and money laundering. The indictment shows that from January 2023 to January 2026, Delgado operated a "Ponzi scheme" through Goliath Ventures, luring victims with promises of high monthly returns from cryptocurrency "liquidity pools," illegally obtaining at least $328 million from victims. The funds were not invested in liquidity pools as promised, but were mainly used to pay false returns to early investors, sustain extravagant social events, and purchase multiple residences and 11 luxury cars. Currently, Delgado has pleaded guilty to three charges, and the sentencing hearing is scheduled for October 8, 2026.