Javice risks a possible maximum sentence of 30 years in federal prison. A federal jury in Manhattan has convicted the Frank founder, Charlie Javice, of four counts of defrauding JPMorgan Chase.

Charlie Javice, the founder of student-finance startup Frank, was convicted on Friday of defrauding JPMorgan Chase & Co. in connection with the bank’s $175 million acquisition of her company.

Closing arguments are set for Wednesday in the NY fraud trial of Frank founder Charlie Javice. Federal prosecutors say Javice tricked JPMorgan Chase into paying $175 million for her website.

Remember Theranos’ Elizabeth Holmes? Her crimes unfairly reflected on other women in the startup world. It could happen again ...

Entrepreneur Charlie Javice was convicted on Friday of defrauding JPMorgan Chase into buying her college financial aid startup Frank for $175 million in July 2021.

Prosecutors accused Javice of artificially inflating the customer list of her financial aid startup before selling it to ...

Fintech entrepreneur Charlie Javice leaves federal court in Manhattan after her conviction on four counts of defrauding JPMorgan during the 2021 sale of her financial aid startup, Frank.Brendan ...

Charlie Javice, an Ivy League grad who launched her company Frank in 2017 with the claim she was revolutionizing the way college students applied for financial aid, was convicted Friday of ...