<ul><li>Charlie Javice, founder of student loan application startup Frank, was found guilty of defrauding JPMorgan in a $175 million startup purchase.</li><li>Javice fabricated the majority of Frank's customer list to deceive JPMorgan into acquiring her company.</li><li>When JPMorgan purchased Frank, it believed the startup had 4 million customers, but the actual customer count was only 300,000.</li><li>Javice could face decades in prison, with the final sentencing expected to take place in August.</li></ul>

Javice found guilty of defrauding JPMorgan in $175M startup purchase

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