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 the sale of her company, is reportedly seeking a pardon from the Trump administration, according to a report from The Wall Street Journal published Sunday.
Javice founded the startup Frank, which JPMorgan acquired in 2021 for $175 million.
Last year, she was sentenced to more than seven years in prison for defrauding the banking giant by inflating the number of Frank’s customers. Javice is currently appealing the verdict.
According to JPMorgan, while Frank—a platform designed to help users apply for college financial aid—claimed to have more than 4 million customers, the actual number was fewer than 300,000.
The Wall Street Journal previously reported that the Trump administration is considering a wave of 250 pardons to commemorate the 250th anniversary of the United States.
A spokesperson for Javice declined to comment to CNBC, and JPMorgan did not immediately respond to requests for comment regarding the report.
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