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SEC Charges Salesman Eric Dalius with $164 Million in Alleged Ponzi Scheme in 2018
A tech entrepreneur has sold a North Bay Road beach mansion for $24.8 million — five years after he was cited in an alleged Ponzi scheme, according to Securities and Exchange Commission filings.
Records show Eric J. Dalius and his wife Kimberly Dalius sold the home at 3114 North Bay Road in Miami Beach to Homesweethome Trust, with Emily Johnson signing as trustee.
Dina Goldendayer and Julian Cohen of Douglas Elliman represented the seller, and Daniel Rosa of Gary Hennes Realtors brought the buyer. Goldentayer and Cohen declined to comment.
Eric Dalius is the executive chairman of MuzicSwipe, a music and content discovery app, according to his Twitter. Prior to MuzicSwipe, Dalius managed a portfolio of shopping rewards companies under the Saivian umbrella. The service promised members cash back rewards on purchases. The SEC filed civil charges against Dalius in 2018, alleging that he committed Ponzi and pyramid schemes as head of Saivian.
According to SEC filings, Dalius converted $164 million in Bitcoin from customer deposits to cash.
“Dalius used most of Saivian’s victims’ money to finance a lavish and lavish lifestyle for himself and his family,” a filing states. These “exuberant” purchases include the North Bay Road mansion, as well as a Manhattan mansion he bought for $10.3 million, a Lamborghini worth nearly $500,000, a $181,000 vacation in the Bahamas, private jet travel and sports tickets, according to the document.
Dalius and his wife bought the home on North Bay Road for $16.5 million in 2017, records show. The 9,300-square-foot, seven-bedroom, nine-bathroom mansion was built in 2016 on 0.5 acres, according to property records. The property includes a 103-foot pool, massage gazebo, outdoor kitchen and 100 feet of waterfront with a dock and boat lift, the listing shows.
North Bay Road, one of the most sought-after addresses in Miami Beach, has maintained strong prices even as the market has cooled since its pandemic peak.
This week, Wayne Boich paid $11.6 million for a waterfront cliff next to his North Bay Road estate. In November, hedge funder Michael Murr and his wife, Eva, sold their beach house for $36 million in an off-market deal.
On the non-waterfront side of the street, an heir sold a home for $8.4 million in October.
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