business / economy
3 hours ago

Charlie Javice's Fraud Trial: JPMorgan Bargain Turns into $175M Scam

Charlie Javice's Fraud Trial: JPMorgan Bargain Turns into $175M Scam
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7 Highlights
  • Charlie Javice is on trial for $175M fraud against JPMorgan Chase.
  • Javice inflated user numbers for her startup, Frank, prosecutors allege.
  • The trial will occur in Manhattan federal court next month.
  • Javice, once a Forbes 30 Under 30 honoree, faces serious fraud charges.
  • Olivier Amar, co-defendant, will blame Javice in his defense.
  • Judge ruled out separate trials, seeing it as a single conspiracy.
  • Prosecutors claim fake data was used to attract JPMorgan's investment.
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