Once hailed as a rising tech star, Charlie Javice is now looking at a long stint behind bars after a federal jury found her guilty of orchestrating a massive fraud scheme against America’s largest bank.
The 32-year-old entrepreneur, once featured on Forbes’ coveted “30 Under 30” list, was convicted on Friday of wire fraud, bank fraud, and conspiracy. Her alleged partner in crime? Olivier Amar, the former chief growth officer of her company. Both now face up to 30 years in prison.
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Javice had once been celebrated in elite circles for launching Frank, a company she claimed was revolutionizing the student financial aid process. But according to federal prosecutors, the only thing revolutionary was how she manipulated data to cash in on a $175 million buyout from JPMorgan Chase.
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