nygazet.com logo

Frank founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase

Frank founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase
business9/29/2025

The fintech startup had been acquired by JPMorgan Chase in 2021 for $175 million. The bank later accused Frank of lying about its customer base.

Charlie Javice, founder of the financial aid startup Frank and Forbes 30 under 30 alumnus, has been sentenced to seven years in prison for fraud. The fintech startup had been acquired by JPMorgan Chase in 2021 for $175 million. The bank later accused... [654 chars]