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Tech Crunch – Javice found guilty of defrauding JPMorgan in $175M startup purchase

Posted on March 28, 2025

Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s customer […] Read more: Read More 

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