Fintech innovator Charlie Javice faced a federal jury trial in Manhattan and was found guilty on four counts of deceiving JPMorgan Chase during the sale of her financial aid startup, Frank. The trial revealed that Javice falsely represented that her fintech had data for over 4 million students. As a result, she could potentially receive a maximum 30-year sentence in federal prison. The jury's decision came after eight hours of deliberation spanning two days, with prosecutors demonstrating that Javice used fabricated information to persuade the bank to acquire her startup for $175 million. Alongside Javice, her former associate Olivier Amar was also convicted on the same charges. The outcome marked a significant downfall for Javice, who had previously gained recognition for her entrepreneurial success, including being featured on Forbes' "30 Under 30" list and attracting substantial private equity investments.