🔍Charlie Javis built a non-profit called PoverUp to provide microfinance to underprivileged individuals.
💰Javis founded Frank, a company that aimed to simplify the student financial aid application process.
📈Frank raised significant funding and amassed a large customer base, attracting the attention of JP Morgan.
📉Javis and her team falsified customer numbers to deceive JP Morgan into acquiring Frank.
⚖️Javis faced legal charges for fraud and deception, leading to her downfall.
What was Charlie Javis' first venture?
—Charlie Javis' first venture was a non-profit called PoverUp, which provided microfinance to underprivileged individuals.
What was the purpose of Frank?
—Frank aimed to simplify the student financial aid application process.
How did Javis deceive JP Morgan?
—Javis and her team falsified customer numbers to deceive JP Morgan into acquiring her company, Frank.
What legal charges did Javis face?
—Javis faced charges of fraud and deception.
What was the outcome of the case against Javis?
—Javis was found guilty on four separate counts and faced severe consequences for her actions.
00:00Charlie Javis, a promising entrepreneur, built a successful startup, Frank, that aimed to simplify the student financial aid process.
06:22Javis secured a deal with JP Morgan, deceiving them with inflated customer numbers.
11:58Javis was exposed for her fraud, leading to legal charges and her downfall.
