The CEO of a company that benefited immensely from the Lifeline program, commonly referred to as ‘Obama phones’ during the Obama administration, has been sentenced to five years in prison and, along with his company, ordered to pay $128 million in fines.
Issa Asad, 51, of Southwest Ranches, FL, and his company, Q Link Wireless, were sentenced for a years-long scheme to steal over $100 million from the ‘Obama phone’ program dating back to 2012. Asad was also sentenced over charges of money laundering.
Between 2013 and 2019, Q Link Wireless made $618,736,494 from the Lifeline program. According to the Federal Register, “approximately 21 percent of Q Link’s payments during this period were due to its fraudulent scheme.”
From 2012 through at least 2021, “Q Link, directed by Asad, cheated the Lifeline program by making repeated false claims for reimbursement, taking and retaining Lifeline funds that it was not entitled to receiver, providing false information about its Lifeline customers, and deceiving the FCC about its compliance with program rules,” according to a press release from the DOJ’s Southern District of Florida.
Now we know where that ObamaStash went!
HELLO can you hear me now