From CNBC: 2025-03-28 15:32:00

Charlie Javice, founder of college financial aid startup Frank, convicted of defrauding JPMorgan Chase into purchasing the company for $175 million. Javice arrives at court in Manhattan on June 6, 2023. JPMorgan declined to comment. Stay tuned for updates on this developing story.

Read more: Founder Charlie Javice found guilty of defrauding JPMorgan Chase