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Charlie Javice reportedly seeking a pardon from Trump

by TheAdviserMagazine
1 month ago
in Markets
Reading Time: 1 min read
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Charlie Javice reportedly seeking a pardon from Trump
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Charlie Javice leaves Manhattan federal court after being sentenced to 85 months in prison for defrauding JPMorgan Chase & Co., in New York City, U.S., Sept. 29, 2025.

Jeenah Moon | Reuters

Charlie Javice, who was convicted of defrauding JPMorgan Chase after selling her company, is seeking a pardon from the Trump administration, The Wall Street Journal reported Sunday.

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.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



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