Joe Sanberg speaks at a press conference in Los Angeles on April 14, 2020. Presley Ann/Getty Images for Emergency Supply Donor GroupA Southern California philanthropist who co-founded a “green” financial technology company was sentenced to 14 years in prison on June 1 for defrauding multiple lenders and investors of at least $248 million.Joseph “Joe” Sanberg, 46, of Orange, California, pleaded guilty in October 2025 to two counts of wire fraud connected to his company, formerly known as Aspiration Partners Inc.
Green Bank Co-Founder Gets 14 Years for Defrauding Lenders, Investors in $250 Million Scam
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