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December 21, 2025
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Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of financial aid startup
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Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of financial aid startup

Cs news3 months ago07 mins

NEW YORK (AP) — Charlie Javice, the founder of a startup company that sought to dramatically improve how students apply for financial aid, was sentenced Monday to more than seven years in prison for cheating JPMorgan Chase out of $175 million by greatly exaggerating how many students it served. Javice, 33, was sentenced in Manhattan…

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