The young entrepreneur Charlie Javice pleaded not guilty on Monday to charges of defrauding JPMorgan Chase into buying her now-shuttered college financial aid startup Frank for $175 million in 2021. She entered her not guilty plea to securities fraud, wire fraud, bank fraud and conspiracy charges during a video appearance before US Magistrate Judge Gabriel Gorenstein in Manhattan, court records showed. Javice has been free on $2 million bail since her first court appearance on April 4, a day after she was arrested. Charlie Javice leaving court on April 4. Javice pleaded not guilty on Monday to charges of defrauding JPMorgan Chase.

Source: Forbes May 22, 2023 19:55 UTC