Charlie Javice, the founder of the fintech startup Frank, has been convicted of defrauding JPMorgan Chase out of $175 million during the acquisition of her company. Prosecutors accused her of orchestrating a brazen fraud scheme, involving the creation of 3.8 million fake accounts to mislead the bank. The trial highlighted allegations of misleading practices, with the jury ultimately finding Javice guilty of fraud. As she faces sentencing, Javice claimed she cannot wear an ankle monitor due to her profession as a pilates instructor. The case raises questions about corporate due diligence in high-stakes acquisitions.