Fintech Fiasco: Frank's Founder Charlie Javice Receives Seven-Year Sentence for Fraud
September 30, 2025
Charlie Javice, the founder of the fintech startup Frank, has been sentenced to seven years in prison after being found guilty of defrauding JPMorgan Chase. The case centers on misleading claims about Frank's customer base, which led JPMorgan to acquire the company for 75 million in 2021.