Charlie Javice co-defendant Olivier Amar sentenced to over 5 years in prison for defrauding JPMorgan

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A former finance executive convicted of helping Charlie Javice defraud JPMorgan Chase into buying the college financial aid startup Frank for $175 million was sentenced on Wednesday to 68 months in prison. Olivier Amar, who was Frank’s chief growth officer, was sentenced by US District Judge Alvin Hellerstein in Manhattan. Hellerstein also sentenced Javice to 85 months in […]


Charlie Javice sentenced to 7 years for defrauding bank

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US businesswoman Charlie Javice (L), founder of Frank, arrives for her sentencing hearing at federal court in Manhattan on Sept. 29, 2025, in New York City. Timothy A. Clary | AFP | Getty Images Charlie Javice, founder of a startup acquired by JPMorgan Chase in 2021 for $175 million, was sentenced to just over 7 years in prison Monday […]


Ozy Media founder Carlos Watson sentenced to nearly 10 years for defrauding investors

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Former talk show host Carlos Watson was sentenced Monday to nearly 10 years in prison in a federal financial conspiracy case that cast his once-buzzy Ozy Media as an extreme of fake-it-’til-you-make-it startup culture. So extreme that another Ozy executive impersonated a YouTube executive to hype Ozy to investment bankers — while Watson coached him, prosecutors said. […]