WASHINGTON, June 1 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
LOS ANGELES - An Orange County man who co-founded and served as board member of the financial technology and sustainability services company formerly known as Aspiration Partners Inc., was sentenced today to 168 months in federal prison for a years-long scheme in which he defrauded investors and lenders, causing more than $248 million in losses.
Joseph Neal Sanberg, 46, of Orange, was sentenced by United States District Judge Stephen V. Wilson, who scheduled a restitution hearing for July 20.
Sanberg pleaded guilty in October 2025 to two counts of wire fraud.
"This serial fraudster used his Cinde...