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crime7h ago

https://mrf.lu/cvF7https://apnews.com/article/charlie-javice-sentencing-fraud-jp-morgan-238cb9a218265f7fd9bea54b06eae9b7https://techcrunch.com/2025/09/29/frank-founder-charlie-javice-sentenced-to-7-years-in-prison-for-defrauding-jpmorgan-chase/
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Highlights
  • Charlie Javice was sentenced to seven years in prison for using wildly exaggerated data to fool JPMorgan Chase into paying $175 million for her startup.
  • Prosecutors had sought a 12-year sentence and $300 million in restitution, highlighting the debate over punishments for startup fraud alongside Javice's seven-year term.
  • The judge noted JPMorgan’s due diligence issues in the Frank deal, but Javice’s conduct remained the central focus of liability in sentencing.

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References

Charlie Javice sentenced to 7 years in prison for JPMorgan Chase fraud

Charlie Javice sentenced to 7 years in prison for JPMorgan Chase fraud

Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of financial aid startup

Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of financial aid startup

Frank founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase | TechCrunch

Frank founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase | TechCrunch

Startup founder Charlie Javice reportedly sentenced to 7 years in prison for defrauding JPMorgan Chase

Startup founder Charlie Javice reportedly sentenced to 7 years in prison for defrauding JPMorgan Chase

Charlie Javice sobs in court as she’s sentenced to 7 years in prison for swindling JPMorgan out of $175 million: ‘I am no longer a source of pride for my family’

Charlie Javice sobs in court as she’s sentenced to 7 years in prison for swindling JPMorgan out of $175 million: ‘I am no longer a source of pride for my family’

Entrepreneur Charlie Javice sentenced to over seven years for defrauding JPMorgan

Entrepreneur Charlie Javice sentenced to over seven years for defrauding JPMorgan

Disgraced start-up student finance tech fraudster Charlie Javice sentenced to 7 years

Disgraced start-up student finance tech fraudster Charlie Javice sentenced to 7 years

Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of financial aid startup

Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of financial aid startup

Charlie Javice Sentenced to 7 Years in Prison

Charlie Javice Sentenced to 7 Years in Prison

Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of financial aid startup

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