Frank Founder Charlie Javice Arrested for Defrauding JPMorgan
When Charlie Javice sold her financial aid startup Frank to JPMorgan Chase for $175 million in 2021, she appeared to be living every 20-something founder’s dream. But the acquisition has since turned into a nightmare for Javice, who was arrested Monday night and charged by the U.S. Securities and Exchange Commission for allegedly defrauding JPMorgan…