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JPMorgan balks at legal tab for fraudsters and says Javice’s lawyers treat it ‘like a blank check’

For nearly three years, JPMorgan Chase has picking up the legal tab of Charlie Javice and Olivier Amar, the two convicted fraudsters who sold their financial aid startup Frank to the bank. But the two have racked up an astronomical, nine-figure legal bill that far exceeds any reasonable amount the two may have needed for … Read more

Fintech founder Charlie Javice’s criminal trial has begun

The criminal trial against fintech startup founder Charlie Javice began on Friday, with lawyers laying out their opening arguments, Reuters reported.  Lawyers reiterated their original claims and defenses from the lawsuit filed by JPMorgan Chase against Javice in December of 2022. The financial services giant alleges that Javice helped “fake millions of customers in order … Read more

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