So-Called Crypto ‘Godfather’ Gets 78 Months as $37M Meta Fraud Unravels

Adam Iza called himself “The Godfather” and used money from a roughly $37 million Meta advertising fraud to hire off-duty Los Angeles County sheriff’s deputies. Five former deputies have since been convicted. On Oct. 5, a federal judge sentenced Iza to 78 months and ordered $23.4 million in restitution. The prison term runs alongside a […]
Key Takeaways
- Adam Iza called himself “The Godfather” and used money from a roughly $37 million Meta advertising fraud to hire off-duty Los Angeles County sheriff’s deputies.
- Five former deputies have since been convicted.
- 5, a federal judge sentenced Iza to 78 months and ordered $23.4 million in restitution.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security

Flash Loan Attacks Drained $1.2B From DeFi Between 2020 and 2024: Study
Attacks grew more sophisticated and less predictable over the period, according to researchers who scanned more than 20 billion transactions.

US crypto rules need to survive the next election
US crypto rules could be vulnerable to political change after the midterms. Former New York Gov. Andrew Cuomo argues Congress needs to pass durable, bipartisan legislation.

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.