Startup founder, Charlie Javice, has been sentenced to 85 months of jail for defrauding JPMorgan Chase & Co. in its $175 million acquisition of her student-finance startup named “Frank.”, reported the news agency Bloomberg on Tuesday, 30 September 2025.At a Manhattan federal court on Monday, the US District Judge Alvin Hellerstein directed the 85 months or 7 years and 1 month sentence to Charlie Javice, accounting for her testimony concerning good character, even though the prosecutors asked for a 12-year j ...