Adam Iza, 26, a self-styled businessman who called himself “The Godfather,” was sentenced to 78 months in federal prison for defrauding Meta of more than $37 million, the U.S. Department of Justice said Tuesday.
Iza was also found guilty of evading taxes and using off-duty Los Angeles County sheriff’s deputies to intimidate people he viewed as rivals, the statement added.
U.S. District Judge Percy Anderson also ordered Iza to pay $23.4 million in restitution.
Iza pleaded guilty in January 2025 to conspiracy against rights, wire fraud and one count of tax evasion. The sentence runs concurrently with the 15-year prison term he received last month in Connecticut for his role in an attempted bitcoin robbery in August 2024.
Prosecutors said Iza gained access to Meta Business Manager accounts and associated credit lines, then sold that access to advertising companies. The Facebook parent company billed clients for ads they did not buy,…
