Charlie Javice
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Frank Founder Charlie Javice Charged with Fraud Over $175 Million Deal with JPMorgan
The U.S. Department of Justice has charged Charlie Javice, the 31-year-old founder of college financial-planning platform Frank, with fraudulently obtaining $175 million from JPMorgan Chase. Javice is accused of significantly overstating the number of customers Frank had to entice the bank into acquiring the startup in 2021, a deception that would have netted her more than $45 million, according to federal prosecutors in Manhattan. 
The U.S. Department of Justice has charged Charlie Javice, the 31-year-old founder of college financial-planning platform Frank, with fraudulently obtaining $175 million from JPMorgan Chase. Javice is accused of significantly overstating the number of customers Frank had to entice the bank into acquiring the startup in 2021, a deception that would have netted her more than $45 million, according to federal prosecutors in Manhattan. -
JPMorgan Says Founder Of College Aid Platform Frank Lied About Customer Accounts; Shuts Down Website
JPMorgan Chase acquired Frank in September 2021 to help it deepen relationships with college students 
JPMorgan Chase acquired Frank in September 2021 to help it deepen relationships with college students
