Charlie Javice sentenced to 7 years for defrauding bank | NYGazet

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]