Frank Founder Charlie Javice Sentenced to Over 7 Years for $175M JPMorgan Fraud
Frank Founder Charlie Javice Sentenced to Over 7 Years for $175M JPMorgan Fraud Charlie Javice, the founder of the now-defunct financial aid startup Frank, was sentenced Monday to more than seven years in prison for orchestrating a $175 million fraud against JPMorgan Chase. Javice, 33, was convicted in March for duping the banking giant during its 2021 acquisition of Frank, falsely inflating the startup’s customer base from fewer than 300,000 to over 4 million. Addressing the court, a tearful Javice…