Entrepreneur Charlie Javice sentenced to over seven years for defrauding JPMorgan

The GuardianMonday, September 29, 2025 at 7:52:59 PM
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Entrepreneur Charlie Javice sentenced to over seven years for defrauding JPMorgan
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.
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