'This arrest should warn entrepreneurs who lie'
Startup CEO Charged In $175 Million Fraud Case
The young CEO allegedly fabricated much of the company's user base.
·
8.2k reads
·
1
·
The Lede
Tech startup founder Charlie Javice, who once made Forbes magazine's "30 Under 30" list, is accused of lying to JPMorgan Chase about how many customers her company serviced. The Department of Justice says the former CEO of Frank, a student loan application assistance company, fabricated data to "make over $45 million from the sale of her company" to JPMorgan Chase.
