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Startup CEO Charlie Javice is reportedly angling for a Trump pardon

Charlie Javice, the former CEO of Frank and a convicted fraudster, is reportedly seeking a presidential pardon. According to the Wall Street Journal, she is reaching out to individuals connected to the Trump administration. The White House is considering granting around 250 pardons ahead of America's 250th anniversary. Javice was found guilty of creating fake customer accounts to inflate her startup's valuation before selling it to JPMorgan Chase for $175 million. She is currently serving a prison sentence and appealing her conviction. JPMorgan had previously closed accounts linked to Donald J

In Brief

Posted:

2:55 PM PDT · June 14, 2026

Image Credits: Yuki Iwamura/Bloomberg / Getty Images

Charlie Javice, the convicted Frank founder, is reportedly seeking a presidential pardon, with her camp quietly courting people close to the Trump administration, according to the WSJ . So far, her name hasn’t turned up on a formal clemency request list at the Justice Department, it adds.

That list is growing fast. As the administration reportedly weighs handing out roughly 250 pardons this summer to mark America’s 250th birthday, a wave of clemency requests is pouring in from white-collar defendants — including Sam Bankman-Fried .

JPMorgan can’t be pleased by any of this. Last September, Javice was found guilty of fabricating millions of customer accounts to inflate her startup’s value before selling it to the bank for $175 million. She’s now serving more than seven years and is appealing, arguing the case against her was unfair.

The bank may have extra cause for concern given its relationship with President Trump. In early 2021, it closed accounts tied to Trump and his businesses shortly after the January 6 Capitol riot, a move that Trump has since called political “debanking,” suing JPMorgan and CEO Jamie Dimon for $5 billion . (JPMorgan denies any political motive.)

Javice has powerful friends, too, including Apollo’s Marc Rowan, an early Frank investor who testified on her behalf at trial. Rowan has donated to Trump’s campaigns and, since his reelection, has given millions more to Republican congressional groups.

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Source document: Wall Street Journal

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TechCrunchParty-alignedCenter6 days ago
Startup CEO Charlie Javice is reportedly angling for a Trump pardon

Charlie Javice, the former CEO of Frank and a convicted fraudster, is reportedly seeking a presidential pardon. According to the Wall Street Journal, she is reaching out to individuals connected to the Trump administration. The White House is considering granting around 250 pardons ahead of America's 250th anniversary. Javice was found guilty of creating fake customer accounts to inflate her startup's valuation before selling it to JPMorgan Chase for $175 million. She is currently serving a prison sentence and appealing her conviction. JPMorgan had previously closed accounts linked to Donald J

Bias read (Center): The article presents factual information without overtly favoring one side. It reports on the situation involving Charlie Javice and the potential for a presidential pardon without taking a stance on the matter.

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