Charlie Javice, the founder of financial aid startup Frank, is reportedly seeking a presidential pardon following her conviction in a high-profile fraud case.

According to reports, individuals connected to Javice have been quietly reaching out to people within President Donald Trump’s circle as part of efforts to secure clemency.

Sources indicate that while her name has not yet appeared on a formal clemency request list maintained by the U.S. Department of Justice, discussions surrounding potential pardons have intensified.

The administration is reportedly considering hundreds of pardons as part of activities marking the United States’ 250th anniversary celebrations.

Javice was convicted last year for allegedly fabricating millions of customer accounts to inflate the value of Frank before selling the company to JPMorgan Chase in a deal worth $175 million.

She was subsequently sentenced to more than seven years in prison and is currently pursuing an appeal against the conviction.

The case continues to attract attention because of the ongoing tensions between JPMorgan and President Trump.

Following the January 6 Capitol riot in 2021, the bank closed accounts linked to Trump and some of his businesses, a move Trump has repeatedly criticized as politically motivated.

Javice also maintains connections with influential figures in the financial sector. One of her supporters is Apollo Global Management executive Marc Rowan, an early investor in Frank who testified on her behalf during the trial. Rowan has also been a notable donor to Republican political causes.

As speculation grows over possible clemency decisions in the coming months, observers are closely watching whether Javice’s case will ultimately receive consideration from the White House.

Source: TechCrunch