Charlie Javice Convicted of Defrauding JPMorgan Over Deal (1) Charlie Javice was found guilty of defrauding JPMorgan Chase & Co. in its $175 million acquisition of her student-finance startup, Frank, following a six-week trial.

#CharlieJavice will be sentenced at a later date. She faces a maximum prison term of 30 years on the most serious count of bank fraud, though she’s likely to receive a far lower sentence than that. news.bloomberglaw.com/litigation/c... #Frankstartup #fraud #acquisition #JPMorgan