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Frank founder Javice gets 85-month prison sentence in US fraud case

By Samuel Rubenfeld ( September 29, 2025, 19:52 GMT | Insight) -- Charlie Javice, founder of the tech startup Frank, was sentenced Monday to more than seven years in prison for defrauding JP Morgan when the bank purchased the company in 2021 for $175 million. When she and her colleagues put the startup for sale, Javice claimed Frank had more than 4.25 million users; it really had less than a 10th of that amount, according to prosecutors.Charlie Javice, founder of the tech startup Frank, was sentenced Monday to more than seven years in prison for defrauding JP Morgan when the bank purchased the company in 2021 for $175 million....

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