Free Republic

LOS ANGELES — The co-founder of Aspiration Partners, a Southern California-based, environmentally-conscious online bank, was sentenced on Monday to 14 years in federal prison for defrauding lenders and investors out of $248 million. U.S. District Judge Stephen Wilson in Los Angeles rebuffed Joe Sanberg’s bid to be spared prison all together because of his past anti-poverty work and his purported good intentions in trying to save the struggling bank he helped set up in 2013. “The circumstances of this offense are among the worst I have encountered,” said Wilson, a Ronald Reagan appointee who has served more than 40 years...

Top Dem donor and Gavin Newsom backer raised $300 million by touting "Corporate ESG Business" based on fake revenue.Joe Sanberg, a top California Democrat activist who decried the corruption of big Wall Street banks and started a company marketed as the “cleaner” alternative, actually propped that company up through blatant fraud, he admitted Thursday. Sanberg and other high-profile Democrats started the carbon-credit platform and online banking app Aspiration Partners Inc., promising to plant trees and not invest in polluting industries. Its motto was “clean rich is the new filthy rich.” It was once a star of the “environmental, social, and...

FLORENCE, S.C. – A new organization in South Carolina has made a mission out of making sure that those who are eligible take advantage of the earned income tax credit on their 2019 federal and state taxes. Working Hero South Carolina is a statewide campaign led Rania Jamison. The organization is an offshoot of a California-based organization founded by Joe Sanberg that has helped 2 million people receive more than $4 billion in state and federal taxes. “Working Hero Action was founded in California by a rags-to-riches guy named Joe Sanberg,” said Jamison, the state director of Working Hero South...