Student loan startup founder found guilty of defrauding JPMorgan Chase of $175m https://ift.tt/AFIu3Ct Associated Press Charlie Javice, who appeared in the Forbes 30 Under 30 list for starting Frank, faked a list of 4 million customers Charlie Javice, the charismatic founder of a startup company that claimed to be revolutionizing the way college students apply for financial aid, was convicted on Friday of defrauding one of the largest US banks, JPMorgan Chase, out of $175m by exaggerating her customer base by 10 times. A jury in New York City returned its verdict after a five-week trial. Javice, 32, faces the possibility of a lengthy prison term. Continue reading... https://ift.tt/r8z4N06 March 28, 2025 at 09:58PM

Charlie Javice, who appeared in the Forbes 30 Under 30 list for starting Frank, faked a list of 4 million customers

Charlie Javice, the charismatic founder of a startup company that claimed to be revolutionizing the way college students apply for financial aid, was convicted on Friday of defrauding one of the largest US banks, JPMorgan Chase, out of $175m by exaggerating her customer base by 10 times.

A jury in New York City returned its verdict after a five-week trial. Javice, 32, faces the possibility of a lengthy prison term.

Continue reading...

from The Guardian https://ift.tt/AFIu3Ct