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Entrepreneur Charlie Javice was sentenced to 85 months in prison for defrauding banking giant JPMorgan Chase
“Javice perpetrated a $175 million fraud—repeatedly lying about the success of her startup company and even hiring a data scientist to create fake data to back up her lies,” said Attorney for the United States Amanda Houle
Prior to her sentencing, Javice, 31, told the court she was “haunted that my failure has transformed something meaningful into something infamous”
A start-up founder convicted of defrauding banking giant JPMorgan Chase was sentenced to 85 months in federal prison on Monday, Sept. 29.
Charlie Javice, who was named on the Forbes "30 Under 30" list, was found guilty in March of conspiracy, wire fraud, bank fraud and securities fraud for inflating th