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  • 4 months ago
Charlie Javice, founder of the student-aid startup Frank that JPMorgan Chase & Co. (NYSE: JPM) acquired in 2021 for $175 million, was sentenced Monday to just over seven years in prison for misleading the bank about her company's customer base.

Earlier this year, a jury convicted Javice and her Chief Growth Officer, Olivier Amar, on fraud and conspiracy charges, according to CNBC.
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