7 years in prison for fraudulent selling a startup

Content:

Original link: Charlie Javice sentenced to seven years in prison for fraudulent sale of her startup to JPMorgan / CNN.

She sold the startup Frank to JMorgan for 175 M$ and it turned out that more than 90% of the users did not exist.

7 years. Seems well deserved.

And her excuses are pretty lame - Yahoo:

Javice cited her fertility struggles, her Holocaust-surviving grandmother, and a lifelong commitment to charity in asking for no jail
and no restitution in a nearly 300-page pre-sentencing filing earlier this month.

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