Articles tagged "Department of Justice"
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Joe Sanberg founded Aspiration robo-advisor by trading on his entreprenurial background and ties to blue-blood New York along with a co-founder's rags-to-riches story to swindle $248 million from high-profile investors -- now he's headed to jail
Sanberg’s too-good-to-be-true 'Aspiration' scam lured top hedge funds and angel investors like eBay head Jeff Skoll, and Addepar's Joe Lonsdale, even as RIA experts questioned business model.
August 22, 2025 at 2:51 AM
Visa and Plaid break off merger in face of DOJ anti-trust suit, with Plaid -- with other buyers circling -- likely the long-term winner, says one analyst
After months of DOJ investigation and a lawsuit, the payments giant and the payments upstart, both of San Francisco, call time on $5 billion merger
January 13, 2021 at 3:28 AM
What to make of a fiduciary flag-bearer's alleged misappropriation of $5 million from clients -- and his denial of the charges
Arrest of Matthew Hutcheson raises questions about the fiduciary movement
