Top Democrat Donor Pleads Guilty to Fraud, Faces Decades in Prison

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.

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