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

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Source: CNN
Charlie Javice Sentenced to 7 Years for $175M JPMorgan Fraud
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TL;DR Summary

Charlie Javice, founder of the startup Frank, was sentenced to over seven years in prison for fraudulently exaggerating her company's customer base to sell it to JPMorgan for $175 million, with prosecutors highlighting a trend of startup frauds.

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