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JPMorgan Chase's $175 Million Fraud Scandal: Charlie Javice Sentenced to 7 Years

JPMorgan Chase's $175 Million Fraud Scandal: Charlie Javice Sentenced to 7 Years

BUSINESS - 9/29/2025

In a stunning turn of events, Charlie Javice, founder of fintech startup Frank, has been sentenced to over 7 years in prison for defrauding JPMorgan Chase by inflating customer numbers before its $175 million acquisition.

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