Charlie Javice Sentenced to 7 Years for $175M JPMorgan Fraud

1 min read
Source: Axios
Charlie Javice Sentenced to 7 Years for $175M JPMorgan Fraud
Photo: Axios
TL;DR Summary

Charlie Javice, founder of Frank, was sentenced to 7 years in prison for defrauding JP Morgan Chase by falsely inflating her company's customer numbers to secure a $175 million acquisition, resulting in a total restitution of nearly $310 million.

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