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Charlie Javice sentenced to 7 years in prison for $175M fraud

Charlie Javice sentenced to 7 years in prison for $175M fraud
business9/29/2025

Charlie Javice was sentenced to seven years in prison after being found guilty of fraud in selling her financial aid startup to JPMorgan Chase for $175 million in 2021.

Startup founder Charlie Javice was sentenced Monday to seven years in prison for a crime the judge called "biblical," defrauding JPMorgan Chase out of $175 million. "Among the many commandments in the bible are the commandments of just weights and me... [2317 chars]