Aspiration co‑founder sentenced to 14 years in federal prison

Aspiration co‑founder Sanberg was sentenced by a federal judge to 14 years in prison. The court upheld a 168‑month sentence, finding him responsible for the company’s financial misconduct.

Prosecutors argued that Sanberg was behind losses totaling at least $248 million. Sanberg announced he will pursue an appeal of the ruling.

The verdict is being hailed as a significant step in the fight against large‑scale financial fraud.