Founder of Charlie Javis, Financial Aid Startup Fleshist And Forbes 30 under 30 alumniSeven -year prison has been sentenced to fraud.
Fintech Startup was acquired by JP Morgan Chase in $ 175 million in 2021. The bank later accused Javis of lying about his customer base; The founder claimed that the company had 4 million customers, when actually 300,000. Apparently, JP Morgan Chase did not work properly before agreeing to buy Frank.
During the test, former Frank Engineer Patrick Vovor testified that Javis asked him to make fake user data before sale; When he refused, Javis asked the mathematics professor and data scientist Adam Kaplanler to help for help. Creating synthetic dataThe Kaplanler gave significant testimony for prosecution.
Along with his co-operative, Franc’s Chief Development Officer Olivier Amar, will be responsible for paying $ 278.5 million in Xeris Restoration.
