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Charlie Javice sentenced to 7 years for defrauding bank
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Charlie Javice sentenced to 7 years for defrauding bank

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Charlie Javice, founder of college financial aid platform Frank, was arrested in 2023 on charges she defrauded JPMorgan Chase in the sale of the fintech firm.

Charlie Javice, founder of a startup acquired by JPMorgan Chase in 2021 for $175 million, was sentenced to just over 7 years in prison Monday for defrauding the bank by overstating how many customers the fintech firm had, Reuters reported. In March, ... [3054 chars]

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Source: CNBC

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