Her financial aid startup, Frank, was featured in the New York Times, CNBC and Wall Street Journal.
After leaving the University of Pennsylvania's Wharton business school, Javice traded on her reputation, bolstered by glowing profiles, as a successful entrepreneur.
In a 2018 interview with Insider, Javice claimed Frank secured an average of $28,000 for its users, and was helping students get "thousands off their tuition."
"Charlie's first company fizzled after 18 months, so after losing all her investors' money, she convinced every one of them to fund her next company, Frank."
At Frank, Javice admitted she sometimes painted a more positive picture of the company's health than was supported by the facts.