CEO Gets 5 Years in Prison, $128M Fine in ‘Obama Phone’ Scam

The owner of a Florida-based telecommunications company has been sentenced to five years in prison for orchestrating a massive fraud scheme that exploited a federal cellphone subsidy program known informally as the “Obama phone” initiative. Issa Asad, 51, CEO of Q Link Wireless LLC, pleaded guilty to conspiring to commit wire fraud and stealing government […]

Source: CEO Gets 5 Years in Prison, $128M Fine in ‘Obama Phone’ Scam

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