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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Charlie Javice: Entrepreneur Who Defrauded JPMorgan Of Millions Pleads Not Guilty, Out On $2M Bail

Charlie Javice was the founder of the student loan assistance company Frank. (Credit: Youtube)

Have you heard about the website, Frank? It helped students apply for Federal student aid in under five minutes, usually taking hours, and the process has always been notoriously tricky.

It turns out the whole scheme was a fraud, and Frank founder Charlie Javice, 31, is now facing 100 years of prison time after being sued by JPMorgan, the banking giant she sold the business to for $175 million in 2021.

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