Founder sentenced to seven years in prison for fraudulent sale to JPMorgan

https://www.cnn.com/2025/09/30/business/charlie-javice-frank-sentenced-jpmorgan-intl

Charlie Javice sentenced to seven years in prison for fraudulent sale of her startup to JPMorgan

Charlie Javice, the founder of a startup company that promised to revolutionize the way college 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.

CNN

> In seeking a 12-year prison sentence for Javice, prosecutors cited a 2022 text Javice sent to a colleague in which she called it “ridiculous” that Holmes got over 11 years in prison.

This seems utterly irrelevant to the sentencing, but what do I know.

Goes to remorse.