More media attention — and investor interest — weren’t far behind. Enter banking giant JPMorgan Chase, which hoped to ...

However, in 2021, JPMorgan Chase acquired Frank for $175 million. At the time of the acquisition, Javice claimed that Frank had more than 4.25 million users. The bank was eager to partner with ...

Charlie Javice, the founder of the now-defunct college financial aid company Frank, was found guilty on Friday of swindling JPMorgan Chase into acquiring her startup for $175 million. Federal ...

Christian Monterrosa/Bloomberg/Getty Charlie Javice, the founder of the student aid startup Frank, has been convicted of defrauding JP Morgan Chase of $175 million. Javice was in her mid-20s when ...

A jury found Charlie Javice guilty of defrauding JPMorgan Chase JPM-2.12%decrease; red down pointing triangle when the young entrepreneur misled the bank about how many customers her buzzy startup ...

Charlie Javice, founder of a startup purchased by JPMorgan Chase in 2021, was convicted in federal court Friday of defrauding the bank by vastly overstating the company's customer list.

Federal prosecutors say Javice tricked JPMorgan Chase into paying $175 million for her website. Her lawyers say JPMC got what it wanted in the deal — Javice herself — then fumbled the ball.

In a striking verdict that has reverberated through the financial services and Fintech sector, Charlie Javice, the once-celebrated founder of the college financial aid startup Frank, was convicted ...

The Frank student aid startup founder is guilty of defrauding JPMorgan. The max sentence is 30 years in prison.