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Aspiration co-founder to plead guilty to $248M fraud scheme
2025-08-23
127 words
1 min read
Aspiration co-founder to plead guilty to $248M fraud scheme
Sustainability-focused fintech Aspiration was flying high a few years ago, attracting famous investors including Orlando Bloom, Leonardo DiCaprio, and Robert Downey Jr. Now, its co-founder will plead guilty to helping perpetuate a $248 million fraud scheme, according to U.S. attorneys.
Joseph Sanberg, who was arrested in March, has agreed to plead guilty to two counts of wire fraud, felony counts that could land him in prison for up to 20 years each.
“This so-called ‘anti-poverty’ activist has admitted to being nothing more than a self-serving fraudster, by seeking to enrich himself by defrauding lenders and investors out of hundreds of millions of dollars,” Acting United States Attorney Bill Essayli said in a statement yesterday
https://techcrunch.com/2025/08/22/aspiration-co-founder-to-plead-guilty-to-248m-fraud-scheme/
https://t.me/RedPillDealer4833/216998
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