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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.

CBS News on MSN · 1d

Frank founder Charlie Javice convicted of defrauding JPMorgan in $175 million sale of her startup

Charlie Javice, the founder of a college financial aid startup company, has been convicted of defrauding JPMorgan Chase out of $175 million.

AOL · 1d

Jury rules startup founder Charlie Javice guilty of defrauding JPMorgan Chase

A Manhattan jury on Friday issued a guilty verdict against Charlie Javice, the 33-year-old CEO who duped JPMorgan Chase into buying her student loan startup, and was charged with a series of fraud-related charges. The charges carry a maximum sentence of 30 years, and Javice will be sentenced in coming weeks.

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Javice, JPMorgan Chase