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The Frank student aid startup founder is guilty of defrauding JPMorgan. The max sentence is 30 years in prison.
Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of ...
The charges allege that Javice, 32, and her top executive at Frank, Olivier Amar, 50, used fake data to trick JPMorgan Chase into buying the website for $175 million. Jurors will be asked to consider ...
JPMorgan Chase is hiring two veteran bankers in its global shareholder engagement and M&A capital markets group, beefing up ...
Prosecutors accused Javice of artificially inflating the customer list of her financial aid startup before selling it to ...
JPMorgan was interested in acquiring Frank partly because of the potential it saw in the startup's supposedly huge list of satisfied customers. The bank believed those young, future college ...
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.
Charlie Javice is on trial in federal court in New York. Prosecutors say she tricked JPMorgan Chase into paying $175M for her startup.
Charlie Javice, who faces a prison sentence of 14 to 17.5 years, unsuccessfully sought to portray JPMorgan Chase as careless.
Entrepreneur Charlie Javice was convicted on Friday of defrauding JPMorgan Chase into buying her college financial aid ...
Javice hustled all her life, all the way to a deal to sell her startup Frank to the world’s biggest bank. Then it all fell apart.
JPMorgan Chase & Co. once dreamed of adding millions of new, young customers by acquiring Charlie Javice’s student-finance startup, Frank, for $175 million. Ultimately, however, the bank netted only ...