Crypto ‘Godfather’ Gets 78 Months For $37M Meta Fraud Scheme
06-10-2026 18:00 via newsbtc.com

Crypto ‘Godfather’ Gets 78 Months For $37M Meta Fraud Scheme

TL;DRAdam Iza, who called himself “The Godfather,” has been sentenced to 78 months in federal prison.
Prosecutors said he stole more than $37 million from Meta through fraud involving access to business-manager accounts and credit lines.
The court also ordered more than $23.4 million in restitution; Meta was a victim of the scheme, not a participant in it.A federal judge has sentenced self-proclaimed crypto entrepreneur Adam Iza to 78 months in prison, closing another chapter in a ca
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