The Justice Department charged the founder of college financial-aid company Frank with fraud in connection with the company’s sale to JPMorgan alleging she inflated the company’s customer count to trick the bank into a deal
Prosecutors say college financial-aid company executive lied about her customer count to land $175 million dealGABBY JONES for The Wall Street JournalThe Justice Department charged the founder of college financial-aid company Frank with fraud Tuesday in
connection with the company’s sale to JPMorgan Chase & Co. in September 2021, alleging she inflated theCharlie Javice was arrested Monday night and will appear before a magistrate judge Tuesday, according to the U.S. Attorney’s Office for the Southern District of New York.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Google co-founder Sergey Brin, hotel heir Thomas Pritzker subpoenaed over JPMorgan’s Epstein tiesFour well-known business figures were asked to provide documents and information for the case.
Read more »
SEC And DOJ Charge Frank Founder Charlie Javice With FraudFrank founder Charlie Javice was arrested Monday night in New Jersey, facing fraud charges from the SEC and Justice Department, where a criminal investigation is underway.
Read more »
SEC charges Frank founder Charlie Javice with fraud in connection with 4 million fake clientsThe 31-year-old founder of now-shuttered student loan software company Frank has been charged with fraud in connection with 4 million fake clients.
Read more »
Underweight stocks now, says JPMorgan, because there's a risk-free alternative paying 5%Underweight stocks now, says JPMorgan, because there’s a risk-free alternative paying 5%
Read more »
JPMorgan says this retailer is a buy as it nears an 'inflection point'The firm said shares, which are currently at an attractive entry point, could rally more than 65%.
Read more »
JPMorgan Execs ‘Joked About Epstein’s Interest in Young Girls’: LawsuitIn its legal battle with JPMorgan, the government of the U.S. Virgin Islands claims the investment bank “obstructed” authorities investigating Jeffrey Epstein—and says its executives knew more about Epstein’s activities than they’ve previously disclosed.
Read more »