JPMorgan purchased her startup for 5 million. Now she’s accused of ‘brazen fraud’ | Trending

JPMorgan purchased her startup for $175 million. Now she’s accused of ‘brazen fraud’ | Trending

Charlie Javice engaged in “brazen fraud” by inflating person numbers to promote her startup to JPMorgan Chase for $175 million, a federal prosecutor argued throughout closing statements at her trial in New York. Javice stands accused of tricking JPMorgan into shopping for her student-finance startup, Frank, by dramatically exaggerating its buyer base. FILE – Charlie…

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