Joseph Sanberg built a "socially conscious" bank that celebrities trusted with hundreds of millions. On June 1, a federal judge in Los Angeles sentenced him to fourteen years for running the carbon-credit version of a kite.
Joseph Sanberg sold the world a bank that planted trees. The trees were real. The customers paying for them, prosecutors say, were him. On June 1, a federal judge sentenced him to 14 years.
By Elena Ruiz · Jun 2
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