Florida Telecom CEO Sentenced to Five Years and Fined $128 Million for ‘Obama Phone’ Fraud
Florida Telecom CEO Sentenced to 5 Years for ‘Obama Phone’ FraudA Florida telecommunications CEO faces five years in prison after pleading guilty to stealing funds from a government program commonly known as the “Obama phone.” This initiative provides affordable phone services to low-income Americans. Guilty Plea and ChargesLast year, Issa Asad, 51, and his company…