Tag Archives: 175m

NEW YORK — Charlie Javice, the founder of a startup company that sought to dramatically improve how students apply for financial aid, was sentenced Monday to more than seven years in prison for cheating JPMorgan Chase out of $175 million by greatly exaggerating how many students it served. Javice, 33, was sentenced in Manhattan federal court for her March conviction …

The Trump administration is cancelling another $175m in funding for California’s high-speed rail, marking another setback for the state’s much-delayed project. The US transportation department said on Tuesday it was withdrawing funding the $175m for grade separation, over-crossing and design work and to build a high-speed rail station in Madera. The move follows the cancellation earlier this summer of $4bn …