Charlie Javice convicted of defrauding JPMorgan during $175 million sale of financial aid startup
NEW YORK (AP) — Charlie Javice, the charismatic founder of a startup company that claimed to be revolutionizing the way college students apply for financial aid, was convicted Friday of defrauding one of the world’s largest banks, JPMorgan Chase, out of $175 million by exaggerating her customer base tenfold.A jury returned the verdict after a five-week trial in federal court in Manhattan. Javice, 32, and her co-defendant, Olivier Amar, face the possibility of decades in prison in a case that has...
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