Convicted Frank founder Charlie Javice is reportedly seeking a presidential pardon, and her campaign has been quietly courting people close to the Trump administration, according to the WSJ. So far, her name has not appeared on the Justice Department’s official list of pardon requests, she added.
The list is growing quickly. With the administration reportedly planning to grant pardons to about 250 people this summer to commemorate America’s 250th anniversary, there has been a wave of clemency requests from white-collar defendants, including Sam Bankman-Fried.
JPMorgan can’t be happy about any of this. Last September, Harveys was found guilty of manipulating millions of customer accounts to inflate the value of his startup before selling it to a bank for $175 million. Currently serving more than seven years in prison, she is appealing the case against her, saying it is unfair.
Banks may have additional cause for concern given their relationship with President Trump. In early 2021, it closed accounts associated with Trump and his companies shortly after the Jan. 6 Capitol riots. Trump later sued JPMorgan and CEO Jamie Dimon for $5 billion, calling it a political “banking cut.” (JPMorgan denies any political motivation.)
Javice also has powerful friends, including Marc Rowan of Apollo, an early Frank investor who testified on her behalf at trial. Rowan donated to Trump’s campaign and has donated millions more to Republican congressional groups since his re-election.
