Frank's Founder Charlie Javice Accepts Responsibility For $175M Fraud Ahead Of Sentencing

JPMorgan Exec Demands ‘More Hustle’ As Office Mandate Sparks Tension: Report

Charlie Javice, the founder of the financial advisory startup Frank, has admitted to defrauding banking giant JPMorgan Chase (NYSE:JPM) to the tune of $175 million.

In a letter to US District Judge Alvin K. Hellerstein, Javice took full responsibility for her actions and expressed deep regret. “I accept the jury’s verdict and take full responsibility for my actions,” she wrote and as quoted by Business Insider.