Jury Found Charlie Javice Guilty Judge Gave Her to 85 Months Now She Tries No GPS Again

SDNY COURTHOUSE, June 2 – JPMorgan Chase bought a start-up called Frank, which claimed to have 4 million students signed up to file their FAFSA forms, for $175 million. Then Chase learned Frank had only 300,000 customers.

On April 4, 2023, Frank founder Ms. Charlie Javice was brought before U.S. District Court for the Southern District of New York Magistrate Judge Barbara C. Moses and was freed on $2 million bond.

On January 24, 2025 Inner City Press published the first book on the case, Fintech Fraudster? here

February 20 openings, thread here.

On March 28 Charlie Javice was found guilty - and Olivier Amar too. Both sought severance from each other so expect appeals on those grounds.

On September 29 Inner City Press live tweeted; Judge Hellerstein after breaking from 1 pm to 2:40 pm sentenced her to 85 months.

More on X for Subscribers here and Substack here

And, " Deft. shall continue on bail pending appeal."

On April 27, 2026 Javice asked to have her GPS monitoring removed, noted that that the US Attorney's Office is opposed. Filing on Patreon here.

On May 28 Judge Hellerstein denied her motion: "Javice has not presented an alternative bail package, as I had invited her to do in April 2025."

On June 2 Javice's lawyer wrote in again, now with a package: a doubled bond of $4 million and the SmartLINK phone-based location verification application.

This case is USA v. Javice, et al., 1:23-cr-251 (Hellerstein)