Cofounder of fintech once backed by Steve Ballmer and Drake pleads guilty to wire fraud
Joseph Sanberg pleaded guilty to two counts of wire fraud for defrauding investors of $248 million tied to Aspiration Partners' false financial claims.
Steve Ballmer blasts Aspiration co-founder Joe Sanberg's bid for leniency ahead of sentencing
Joe Sanberg faces a potential 17-year sentence for defrauding investors, including Steve Ballmer, who lost $60 million and suffered reputational damage.