Crazy Money! Duped by False Data
It’s Crazy Money Day!
Charlie Javice graduated from college and founded a student loan startup called Frank while only in her 20s. She gained national attention when landing on Forbes’ “30 under 30” list. JPMorgan Chase got duped into buying her company because she inflated user data. Fox Business reported that bank CEO Jamie Dimon called the purchase a “huge mistake” after discovering the lies. Prosecutors argued the bank “acquired a crime scene.” Javice is suffering the consequences of her deception: an 85-month prison sentence. She must also pay back millions in salary, stock, and bonuses tied to the $175 million sale of her company.
The phrase, “Your sin will find you out,” originates from Numbers 32:23 in the Bible. It serves as a warning about the consequences of breaking God’s law. Hidden actions that involve deceit or dishonesty will eventually come to light. Financial mismanagement or unethical practices have significant consequences, including legal troubles, damaged relationships, and loss of trust and reputation.
If you’re guilty of dishonesty, let this be a call to action. Open up about your financial problems. Seek help through confession and repentance. Ask the Lord for help in healing and restoration. Learn from your mistakes so you can make better decisions in the future.
And if you need practical help navigating your finances, a Crown online course or trained Budget Coaches can set you on the path to financial freedom. Go to crown.org and click “Get Help Now”. Start today at crown.org.