Charlie Javice, the entrepreneur behind the college financial aid startup Frank, has been sentenced to over seven years in prison for defrauding JPMorgan Chase out of $175 million. This case highlights the serious consequences of corporate fraud and the legal system's commitment to holding individuals accountable for their actions. The ruling serves as a warning to others in the startup world about the importance of transparency and honesty in business dealings.

Charlie Javice was sentenced to seven years in prison for defrauding JPMorgan out of $175 million, a case that highlights the serious consequences of financial fraud. In court, she expressed deep remorse, stating that she has let down her family and those who trusted her. This case serves as a stark reminder of the importance of integrity in financial dealings and the legal repercussions that can follow unethical behavior.