Top Democrat Donor Pleads Guilty to Fraud,
Democratic mega-donor Joseph Sanberg, co-founder of
Aspiration Partners,
has pleaded guilty to a $248 million fraud
scheme and faces up to 40 years in prison.
Sanberg, once celebrated as a progressive philanthropist and
political activist tied to top Democrats, admitted to deceiving investors and lenders.
The DOJ called it a “stunning fall from grace,
” as his sentencing could put him behind bars for decades.