Jury Found Charlie Javice Guilty Judge Gave Her to 85 Months Now Denies Bid for No GPS

Jury Found Charlie Javice Guilty Judge Gave Her to 85 Months Now Denies Bid for No GPS by Matthew Russell Lee, Patreon Book Substack SDNY COURTHOUSE, May 28 – JPMorgan Chase bought a start-up called Frank, which claimed to have 4 million students signed up to file their FAFSA forms, for $175 million. Then Chase learned Frank had only 300,000 customers. On April 4, 2023, Frank founder Ms. Charlie Javice was brought before U.S. District Court for the Southern District of New York Magistrate Judge Barbara C. Moses and was freed on $2 million bond. On January 24, 2025 Inner City Press published the first book on the case, Fintech Fraudster? here February 20 openings, thread here. On March 28 Charlie Javice was found guilty - and Olivier Amar too. Both sought severance from each other so expect appeals on those grounds. On September 29 Inner City Press live tweeted; Judge Hellerstein after breaking from 1 pm to 2:40 pm sentenced her to 85 months. More on X for Subscribers here and Substack here And, " Deft. shall continue on bail pending appeal."   On April 27, 2026 Javice asked to have her GPS monitoring removed, noted that that the US Attorney's Office is opposed. Filing on Patreon here. On May 28 Judge Hellerstein denied her motion: "Javice claims that her long-term compliance with the conditions of her release justifies this change. It does not; compliance is expected. Javice has not presented an alternative bail package, as I had invited her to do in April 2025. At her sentencing, on September 29, 2025, I awarded Javice bail on the same terms and conditions that had applied up to that date. See ECF No. 457 at 81. Nothing in Javice's instant motion alters my prior determination. Defendant Javice's motion to modify the conditions of her release is denied. The Clerk of Court shall terminate ECF No. 500. SO ORDERED. (Signed by Judge Alvin K. Hellerstein on 5/28/2026)."   This case is USA v. Javice, et al., 1:23-cr-251 (Hellerstein) *** Your support means a lot. As little as $5 a month helps keep us going and grants you access to exclusive bonus material on our Patreon page. Click here to become a patron. Feedback: Editorial [at] innercitypress.com SDNY Press Room 500 Pearl Street, NY NY 10007 USA Mail: Box 130222 NY NY 10017 Reporter's mobile (and weekends): 718-716-3540 Other, earlier Inner City Press are listed here, and some are available in the ProQuest service, and now on Lexis-Nexis.  Copyright 2006-2025 Inner City Press, Inc. To request reprint or other permission, e-contact Editorial [at] innercitypress.com