Self-styled ‘Godfather’ gets 6 years in prison for $37 million Meta fraud scheme
Adam Iza’s sentence runs concurrently with a 15-year term imposed last month for his role in an attempted bitcoin robbery.
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Summary
- Adam Iza, 26, was sentenced to 78 months in federal prison for defrauding Meta of more than $37 million, evading taxes and using off-duty Los Angeles County sheriff’s deputies to intimidate rivals.
- Prosecutors said Iza gained access to Meta advertising accounts and credit lines, received at least $36.4 million from the scheme and caused an estimated $13.3 million tax loss.
- Iza was ordered to pay $23.4 million in restitution, and his sentence will run concurrently with a 15-year term for his role in an attempted Bitcoin robbery.
