Charlie Javice, founder of fintech startup Frank, convicted of defrauding JPMorgan out of $175M

Source: New York Post

Charlie Javice, the founder of student-finance startup Frank, was convicted on Friday of defrauding JPMorgan Chase & Co. in connection with the bank’s $175 million acquisition of her company. The verdict was delivered by a Manhattan federal jury after a six-week trial that concluded with just six hours of deliberation.