California Woman Sentenced to 18 Months in Prison for Concealing $2.6 Million in Crypto Crime Proceeds

By: www.justice.gov|2026/09/21 21:53:33

A 37-year-old woman from Irvine, Orange County, California, Iris Rabaya Au, was sentenced to 18 months in federal prison for failing to report over $2.6 million in illegal earnings to the IRS. She was also ordered to pay $1.484 million in restitution, with assets including several luxury cars, high-performance vehicles, designer handbags, and three "Godfather" sculptures. Au is the ex-girlfriend of crypto fraudster Adam Iza. Prosecutors stated that between 2020 and 2024, Iza fraudulently obtained Meta advertising accounts and credit lines, selling account access and generating millions in unreported income. Following Iza's instructions, Au set up shell companies and opened bank accounts, using related funds to pay approximately $1 million to Los Angeles County police officers and to purchase or lease luxury homes, cars, jewelry, and clothing, spending nearly $10 million on entertainment, and acquiring about $16 million in cryptocurrency for Iza. From 2020 to 2023, Au transferred over $2.6 million into her personal bank accounts but did not accurately report this on her federal tax returns. She pleaded guilty to one count of false tax return in March 2025. Iza had already pleaded guilty in January 2025 to charges including conspiracy to violate rights, wire fraud, and tax evasion, with a sentencing hearing scheduled for October 5.

-- Price

--
--
--

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Program:[email protected]