On the black table sits a small gold king’s crown. Behind the table is Anthony “Tony” Delgado. He looks straight into the camera. He is wearing a black cap with a white silhouette of a bull reminiscent of the Chicago Bulls logo, but beneath it are the words Latino Wall Street. Presenting himself as an entrepreneur, self-taught computer programmer, website developer, investor and financial coach, Delgado is being interviewed for a broadcast about individual entrepreneurship and economic advancement.
The crown on the table, which looks like a toy left behind by a child, alludes to an event that took place shortly after the 2024 presidential election. It was a gathering of the Conservative Political Action Conference (CPAC), an annual conference of the American Conservative Union (ACU), a right-wing political organization that advocates and lobbies for conservative values in the United States.
Delgado recalled that the gathering took place at Mar-a-Lago, President Donald Trump’s Florida resort, where Trump addressed those in attendance from a podium. He broke down the different demographic groups that had voted for him, including women and Black voters. When it was time to talk about Latinos, Trump said in a celebratory tone, “We have the King of Puerto Rico here.” Standing, laughing with euphoric joy and recording the moment on his cellphone, Tony Delgado received the monarchical title.
A version of that same conference, called “CPAC Latino,” was held in Puerto Rico on Friday, May 15, at the Hyatt Regency Grand Reserve hotel in Río Grande. The event grew out of an alliance between CPAC and Latino Wall Street, a company that says it provides financial education for Latinos and was founded by Delgado and Peruvian businesswoman Gabriela Berrospi, his wife. But beyond financial education, Latino Wall Street also functions as a platform for political activism on social media.
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“Embark on an unforgettable beachfront retreat at our luxury resort hotel in Puerto Rico, where we believe that ‘doing nothing is everything’ during your getaway. Nestled in the heart of El Yunque rainforest, our family-friendly resort lets you design your perfect stay. Take leisure to new heights as you relax in our expansive lagoon-style pool area, or head out to the 27-hole golf course near the resort in Río Grande. And when it’s time to reconnect, our Rainforest Spa awaits,” the event promotion says.
Admission prices for the event are divided into three categories: VIP Access, $250; Platinum Access, $2,500; and Co-Host Sponsorship, which includes a private table for 10 guests, brand visibility and direct access to guests and speakers. The last category costs $25,000 and is already sold out, according to the event’s website.
The event brought together nearly 30 speakers and special guests, a mix of elected politicians, businesspeople, lobbyists, agency heads and former public officials, religious activists and entertainment figures.
In the past, CPAC conferences have featured guests such as Argentine President Javier Milei, El Salvador President Nayib Bukele and billionaire Elon Musk.
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1/3 Tony Delgado attended last year’s CPAC conference at Mar-a-Lago Club in Florida, where he tried to take a photo with Argentine President Javier Milei. Photo provided
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2/3 Delgado photographed his wife, Gabriela Berrospi, with the Argentine president, who delivered a speech at the CPAC conference gala dinner. Photo provided
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3/3 A handshake sealed the meeting between Tony Delgado and President Milei at the conference held in November of last year. Photo provided
At the Latino edition held in Puerto Rico, one of the speakers listed on the agenda as confirmed was Puerto Rico Gov. Jenniffer González Colón. Her presentation was titled “The Conservative Agenda of the Government of Puerto Rico.” She was listed as being introduced by Bruce Blakeman, the Republican candidate for governor of New York in November 2026. According to the event agenda, González was scheduled to speak about her “conservative agenda in government” and the “reality of governance.” González’s public appearance comes amid allegations involving a scheme to trade votes for drugs in Puerto Rico’s prisons during her gubernatorial campaign.
The agenda also listed Senate President Thomas Rivera Schatz and House Speaker Carlos “Johnny” Méndez, both from the governing New Progressive Party (PNP), as speakers. Former Dignity Project Sen. Joanne Rodríguez Veve, now an independent, was also listed as a participant. The three elected officials share the conservative and right-wing values promoted by CPAC, including opposition to abortion.
Rivera Schatz’s presentation is titled “Puerto Rico: The Economic Freedom Connection in the Americas.” During the 15-minute presentation, he was scheduled to discuss “how we are legislating so Puerto Rico becomes the bridge between American capitalism [referring to the United States] and Latin America,” according to the event agenda.
Arthur J. Garffer, Puerto Rico’s secretary of public safety, was scheduled to participate in a panel titled “The ‘Trumproe’ Doctrine: Puerto Rico as Platform for Hemispheric Projection.” In it, he was scheduled to discuss the Monroe Doctrine — a 19th-century idea that declared “America for the Americans,” or U.S. dominance over the American continent — “reinvented for the Trump era.” He was also scheduled to speak about “threats and security in the hemisphere” and “energy sovereignty in the Cuba/Venezuela corridor, Roosevelt Roads and liquefied natural gas infrastructure” in relation to the Monroe Doctrine. The panel is sponsored by LNG World News, “a global intelligence platform for the gas industry.”
Carlos Mercader, a lobbyist and former executive director of the Puerto Rico Federal Affairs Administration in Washington, was scheduled to moderate the same panel. His name surfaced in documents in the federal case against producer Sixto George related to the Telegram chat scandal that led to former Gov. Ricardo Rosselló’s resignation. Mercader was also listed as a participant in a panel called “Legislative Conversation: Conservative Agendas in the Americas,” which also included Méndez, the House speaker.
Another guest is Brock Pierce, a U.S. cryptocurrency entrepreneur who has benefited from Act 60 tax exemptions. Pierce temporarily moved to Puerto Rico in 2017 in search of investment opportunities after Hurricane Maria. But his investment projects on the island, including an attempted acquisition of a hotel in Vieques and a hospital in Humacao, have failed.
CPAC Latino’s mission is explicitly ideological: “CPAC and Latino Wall Street joined forces to launch a historic alliance in defense of faith, family and freedom,” the website says.
In addition to Delgado and Berrospi, the organizing committee for the conference in Río Grande includes Matt Schlapp, a Republican lobbyist and former White House official who now chairs the American Conservative Union, and his wife, Mercedes Schlapp, a former strategic communications director during Trump’s first term.
Also listed as taking part was Alexis E. Quiñones, a Puerto Rican attorney and founder of Fighting for Freedom, an organization that promotes “the entrepreneurial spirit as a path toward freedom based on merit.”
Quiñones has been a PNP donor and a government contractor through his company Sydney Denson.
The King of Puerto Rico
Since Donald Trump called him “The King of Puerto Rico,” Delgado, who is of Puerto Rican descent and was raised between New Jersey and New York, has changed his social media usernames to call himself “The King of Puerto Rico.”
Trump bestowed the title on him for allegedly influencing the Latino vote in his favor during the last presidential election. Delgado credits himself with saving Trump’s campaign after the crisis sparked by comedian Tony Hinchcliffe’s racist comment about Latinos at a Trump rally in Madison Square Garden. Puerto Rico “is a floating island of garbage,” Hinchcliffe said. Delgado says he managed to meet with Trump the next day, questioned him about the comment, and Trump answered: “I love the Puerto Rican people.”
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According to Delgado, what inspired him to found Latino Wall Street was a trip he took to Puerto Rico as a volunteer after Hurricane Maria, during which he realized that “people are poor simply because they don’t have the knowledge of how to invest in the stock market.” For Delgado, the only things a person needs to get rich are a computer or cellphone and an internet connection.
In a Facebook post, Tony Delgado wrote: “I Made $12 Million From My Laptop — And If You’re Still Broke, That’s YOUR Fault.”
Delgado and Berrospi mix their roles as investors, financial coaches and influencers with conservative political activism. Delgado hosts an investing podcast called Di$rupt. Along with Berrospi, he was also a commentator on the Latino Capitalist podcast.
In 2024, Delgado and Berrospi proclaimed themselves national directors of Hispanic outreach for Robert F. Kennedy Jr.’s presidential campaign. When Kennedy abandoned his candidacy and joined Trump’s campaign, Delgado and Berrospi did the same. Delgado appears in social media videos next to a Christmas tree, wearing red pajamas and a Make America Great Again, or MAGA, cap, while throwing boxing moves — a jab and a hook — toward the camera. In other videos, he appears wearing a cap that says, “Trump was right about everything.”
Latino Wall Street, Financial Coaching and Political Activism
Latino Wall Street was registered in Puerto Rico as a limited liability company on Sept. 23, 2019. The authorized persons in the LLC are Tony Delgado, Gabriela Berrospi, Guillermo Rodríguez Navarrete and Alan Burak.
Delgado obtained an Act 22 decree “to promote the relocation of individual investors to Puerto Rico” on Oct. 26, 2020. His wife obtained the same type of decree on June 19, 2020. Latino Wall Street obtained an Act 20 export services decree on July 7, 2021.
All three tax decrees remain in effect, the Department of Economic Development and Commerce confirmed.
The Centro de Periodismo Investigativo requested an interview with Delgado in July 2025 but received no response. This week, another interview request was sent to him, along with questions by email and through his social media accounts. The phone number listed for Latino Wall Street, for people interested in taking financial workshops, is answered by a recording that says the caller “will be assisted by the next available representative.” The phone then rings several times and no one answers. As of publication, the interview requests and questions had not been answered.
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In a promotional photo that appeared on Latino Wall Street’s website, Berrospi stood at the center of a group of speakers, with Burak to her left. In a Latino Wall Street promotion on one of Manhattan’s giant billboards, Berrospi, Delgado and Burak appear together.
But the photos and any reference to Burak disappeared from Latino Wall Street’s social media accounts and website after he was accused of fraud in February 2025 by the U.S. Securities and Exchange Commission and, in a separate case, by the New York attorney general’s office.
Last March, Burak pleaded guilty in New York court to charges of scheme to defraud, fraud and grand larceny.
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In addition to his work with Latino Wall Street, the podcasts and his political activism, Delgado offers individual consulting or “financial coaching” services. His rates are $1,000 for 30 minutes on Zoom. An in-person lunch starts at $5,000 in Miami, Florida. An eight-hour VIP day costs $10,000. For public speaking, he charges $50,000 plus travel and expenses. To launch your product, he charges $250,000 and 25% of gross sales for the life of the business. He works only with existing businesses that have already generated at least $1 million in annual sales, according to his website.
CPAC Latino, whose local media sponsor is NewsPR, was scheduled to conclude with a “Call to Action” by Tony Delgado, Gabriela Berrospi and Alexis Quiñones. The closing event is described in the agenda as a “rally” for the conservative movement, with the theme “what we build today, what we carry forward.” It also poses an exhortative question: “How do we mobilize after Saturday?”
Journalist Luis Valentín contributed to this story.
This translation was generated with the assistance of AI and reviewed by our editorial team to ensure accuracy and clarity.
