Crypto 'Godfather' Gets Six Years for Hiring Sheriff's Deputies, $37M Meta Fraud
Summary
Adam Iza, already serving 15 years for an attempted Bitcoin robbery, received a concurrent 78-month sentence for conspiring with off-duty Los Angeles sheriff’s deputies to intimidate rivals, defrauding Meta of more than $37 million, and evading taxes. He must pay about $23.4 million in restitution. Iza admitted that he sold access to Meta advertising accounts, concealed income through companies and cryptocurrency custodians, and caused an estimated $13.3 million tax loss. Five former deputies and Iza’s former girlfriend have also been sentenced for related offenses.
