Apollo’s Rowan Urges Leniency for Javice in JPMorgan Fraud Case

Apollo Global Management Chief Executive Officer Marc Rowan urged a judge to be lenient when he sentences Charlie Javice later this month for defrauding JPMorgan Chase & Co. in its $175 million acquisition of her student finance startup.

In a letter filed Friday in Manhattan federal court, the billionaire, who was an investor in and board member at Javice’s company, Frank, asked US District Judge Alvin Hellerstein to consider her “full character” in passing sentence. Rowan said he had been impressed by Javice’s passion, creativity, intelligence and empathy.

“I feel she will make many meaningful contributions to society moving forward,” ...