Spongetech's 'Unwitting Dupe' Gets 5 Years' Probation
George Speranza, an independent consultant hired by Spongetech to market its products, copped to one count of perjury in May, admitting to prosecutors that he lied during a U.S. Securities and Exchange Commission investigation about helping the soap-filled sponge maker mislead shareholders with fake client websites.
Speranza faced up to five years...
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