- Charlie Javice, who was convicted of defrauding JPMorgan Chase when she sold her company to it, is seeking a pardon from the Trump administration, according to The Wall Street Journal.
- Last year, Javice was sentenced to more than seven years in prison for defrauding the bank by overstating the number of customers Frank had. She is appealing the verdict.
Javice
founded a startup called Frank that JPMorgan acquired in 2021 for $175 million.
Last year, she was
sentenced to more than seven years in prison for defrauding the bank by overstating the number of customers Frank had. She is appealing the verdict.
Frank, which helped users apply for college financial aid, said it had more than 4 million customers, but it actually had fewer than 300,000, according to JPMorgan.
The Trump administration has been considering a wave of 250 pardons to mark the United States' 250th birthday, the Journal had previously reported.
A Javice spokesman declined to comment to CNBC, and JPMorgan did not immediately respond to a request for comment on the report.
Read the full Wall Street Journal report
here.<small>Source: CNBC</small>
Business
Charlie Javice reportedly seeking a pardon from Trump
CNBC
June 14, 2026
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