Charlie Javice sentenced to 7 years for $175M startup fraud

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Source: NBC News
Charlie Javice sentenced to 7 years for $175M startup fraud
Photo: NBC News
TL;DR Summary

Charlie Javice, founder of the startup Frank, was sentenced to over seven years in prison for defrauding JPMorgan Chase out of $175 million by falsely inflating her company's customer numbers, highlighting issues of fraud in startup acquisitions.

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