<ul><li>Startup founder Charlie Javice has been convicted of defrauding JPMorgan Chase by misleading the bank about her customer base.</li><li>Javice and fellow executive Olivier Amar inflated Frank's customer base to secure a $175 million acquisition by JPMorgan.</li><li>Prosecutors argued that Javice and Amar paid a data scientist to fabricate customer numbers, while in reality, Frank had only around 300,000 customers.</li><li>Javice, who was charged with fraud in 2023, and Amar now face potential decades in prison.</li></ul>

Frank Founder Charlie Javice Convicted of $175 Million Fraud

Discover more