Co -founder of desire to convict in the $ 248m fraud scheme

The desire for sustainable fantake was flying high a few years ago, which was attracted to renowned investors, including Orlando Bloom, Leonardo DiCaprio, and Robert Dowan Jr., its co -founder, to help maintain a $ 248 million fraud scheme, According to To our lawyers.

Joseph Sanberg, who was arrested in March, has agreed to prove a crime for two counting of wire fraud, which could allow him to be jailed for 20 years.

“The so -called ‘anti -poverty’ worker has acknowledged nothing but self -serving fraud, trying to enrich borrowers and investors out of hundreds of millions of dollars. Said In a statement yesterday.

Sanberg is accused of hiding through payments used to increase the data of the Ambing Tackle. It received intentions from companies interested in using startup tree -planting services. According to the US Attorney’s Office in the Central District of California, these letters bind companies to tens of thousands of dollars every month.

But instead, the desire was paid by Sanberg -controlled legal agencies, which incorrectly promoted the startup income.

Sanberg also allegedly fasten a letter from the Audit Committee of Employment, which states that the startup has 250 million cash and its equivalent available. In fact, the desire was less than 1 million cash.

Using this fabricated letter and false revenue statements, Sanberg is accused of pursuing a $ 145 million loan by promising his shares of his shares. He allegedly worked to trap Al -Husseini’s assets by tens of millions of dollars in trying to get these loans. Wish twice defaults on loans.

According to the US Attorney’s Office, finally, fraudsters suffered more than $ 248 million.

The US Attorney’s Office said, “Sanberg demanded investors in 2025 to invest in Aming Securities.” He is expected to file a formal application in the coming weeks.