Charlie Javice, founder of financial aid startup, is sentenced to prison for JPMorgan Chase fraud

The founder of startup Frank was sentenced to more than seven years in prison. Charlie Javice, the founder of a startup company that promised to revolutionize the way college students apply for financial aid, was sentenced Monday to more than seven years in prison for cheating JPMorgan Chase out of $175 million by greatly exaggerating how many students it served.Javice, 33, was convicted in March of duping the banking giant when it bought her company, called Frank, in the summer of 2021. She mad...