Start-up founder Charlie Javice sentenced for defrauding JPMorgan

Published: 9/30/2025
Start-up founder Charlie Javice sentenced for defrauding JPMorgan
Entrepreneur Charlie Javice sentenced to 85 months for defrauding JPMorgan with fake data. Javice convicted of bank, wire, securities fraud, and conspiracy in $175m scam. The scheme involved inflated user numbers for her financial aid start-up, landing her a lengthy prison term. JPMorgan deceived by inflated customer numbers while acquiring her company.