JTG MINI: Charlie Javice, the Girl Boss Scammer Who Tricked JPMorgan Into Buying $175 Million Worth of Fake Emails

About this episode

The episode discusses Charlie Javice's fraudulent actions that led to JPMorgan investing $175 million in her startup FRANK based on fake emails.

How does a 29-year-old with big blue eyes and a killer pitch deck walk into one of the biggest banks in the world and walk out with $175 million? Pretty easily, it turns out.  Charlie Javice was a millennial wunderkind, Forbes 30 Under 30 darling, and the founder of FRANK - a student finance start-up helping underprivileged kids get into college (and apparently making millions doing it). After just one meeting with Charlie, JPMorgan Chase wanted in, and they offered her $175 million to buy FRANK. One tiny problem though - Charlie Javice was way better at optics and PR than she was at actually running a business… but she wasn’t going to let that be a reason to turn down $175 mil. What Charlie did next involved a bunch of fake emails and crossing her fingers that JPMorgan Chase wouldn’t bother to check (hint: the dudn't). This is Just The Gist (MINI!) of Charlie Javice, FRANK, a major bank ignoring basic due diligence and the court battle that has already cost more in legal fees than the whole deal did to begin with.  . We give you Just The Gist, but if you want more, there's Breakin' Nooz, JTG After Show AND Bonus eps! You can access them by joining the Gistener Club via…

People in this episode

Host: Rosie Waterland

Topics covered

• scamming
• banking
• entrepreneurship
• legal issues
• fraud
• startups

Keywords

• Charlie Javice
• JPMorgan
• FRANK
• scam
• fraud
• emails
• banking
• legal battle

Mentioned in this episode

Organizations: JPMorgan, FRANK

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