Story perspectives

Judge Denies Frank Founder’s Bid to Overturn Fraud Conviction

3/25/2026

Summary

Story summary

U.S. District Judge Alvin Hellerstein denied Charlie Javice, founder of the startup Frank, her bid to overturn the conviction for defrauding JPMorgan Chase in the $175 million acquisition.
The judge said alleged conflicts involving his law clerks did not warrant a new trial.
Javice was sentenced to 85 months; Olivier Amar received 68 months after being found guilty of fraud charges.
Javice is appealing the conviction, while Amar will surrender May 5.

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Story summary

U.S. District Judge Alvin Hellerstein denied Charlie Javice, founder of the startup Frank, her bid to overturn the conviction for defrauding JPMorgan Chase in the $175 million acquisition.
The judge said alleged conflicts involving his law clerks did not warrant a new trial.
Javice was sentenced to 85 months; Olivier Amar received 68 months after being found guilty of fraud charges.
Javice is appealing the conviction, while Amar will surrender May 5.