Key facts
- Charlie Javice, convicted of defrauding JPMorgan Chase, is seeking a presidential pardon from President Trump.
- Javice was found guilty of fabricating customer accounts to inflate her startup's value before selling it to JPMorgan Chase for $175 million.
- She is currently serving over seven years in prison and is appealing her conviction.
- Her camp is reportedly reaching out to individuals close to the Trump administration.
- Javice's name has not yet appeared on a formal clemency request list at the Justice Department.
Charlie Javice, the founder of the startup Frank, is reportedly seeking a presidential pardon from President Trump. Javice was convicted last September of defrauding JPMorgan Chase by fabricating millions of customer accounts to inflate her company's value before its $175 million sale to the bank. She is currently serving a sentence of over seven years and is appealing the conviction, arguing the case against her was unfair. Her camp has been quietly contacting individuals close to the Trump administration, though her name has not yet appeared on a formal clemency request list at the Justice Department. The administration is reportedly considering approximately 250 pardons this summer to commemorate America's 250th birthday, leading to a surge in clemency requests from white-collar defendants, including Sam Bankman-Fried. JPMorgan Chase, which previously sued President Trump for $5 billion over alleged 'debanking,' may be concerned about the pardon request, although the bank denies any political motive for closing his accounts.