Charlie Javice, founder of fintech startup Frank has been sentenced to seven years of jail for cheating JPMorgan Chase of $175 million. According to news agency AP, the 32-year-old was convicted of duping America's largest bank when it bought her company in 2021. She reportedly made false records that made it seem like Frank had over 4 million customers when it had fewer than 300,000. As per the report, Javice was first arrested in 2023 and has been free on $2 million bail. She was convicted of conspiracy, wire and bank fraud in March this year. Her prison sentence will be followed by 3 years of supervised release. Announcing her prison sentence, US District Judge Alvin Hellerstein said Javice's crimes "required a great deal of duplicity," but that she was "a good person who has done go
Charlie Javice sentenced to 7 years for JPMorgan fraud: How 32-year-old woman CEO, who once ranked in Forbes' 30 Under 30 list, defrauded America's largest bank

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