SEC Charges Co-Founder of Environmental Sustainability Company With Fake Revenue Scheme
August 22, 2025
August 22, 2025
WASHINGTON, Aug. 22 -- The Securities and Exchange Commission issued the following litigation release (No. 8:25-cv-01848; C.D. Cal. filed Aug. 21, 2025) involving Joseph Neal Sanberg:
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The Securities and Exchange Commission today charged Joseph Neal Sanberg, the co-founder and former board member of Aspiration Partners, Inc., for raising more than $300 million from investors based on a fraudulent scheme to generate and mislead investors about fake revenues for envi . . .
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The Securities and Exchange Commission today charged Joseph Neal Sanberg, the co-founder and former board member of Aspiration Partners, Inc., for raising more than $300 million from investors based on a fraudulent scheme to generate and mislead investors about fake revenues for envi . . .