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Javice found guilty of defrauding JPMorgan in $175M startup purchase

: fre mar 28, 2025 11:41 pm
af nyheder
Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s customer […]

Source: https://techcrunch.com/2025/03/28/javic ... -purchase/