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Charlie Javice, the millennial CEO of fintech start-up Frank, was found guilty of defrauding JPMorgan Chase of $175 million by inflating her company's customer base. Prosecutors revealed she falsely claimed 4.25 million users, while only 300,000 were verifiable. Facing a lengthy prison sentence, Javice and her co-conspirator Olivier Amar were indicted on multiple fraud charges, with her attorney arguing the prosecution's case was flawed.
Jennifer Roberts
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millennial ceo charlie javice convicted of defrauding jpmorgan of 175 million
JPMorgan Chase & Co.
USA
Damian Williams
Olivier Amar
Jennifer Roberts
Jose Baez
Charlie Javice
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23:01 28.03.2025
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