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JPMorgan ChaseTechCrunch
•Business
Business & Economics
72% Informative
Charlie Javice's criminal trial against student financial planning aid startup Frank began on Friday .
JPMorgan Chase filed a lawsuit against the startup in December of 2022 .
The lawsuit alleges that Javice helped “fake millions of customers” in order to induce the bank to buy Frank for $175 million .
JPMorgan claims that it found out about the alleged fraud when more than 70% of marketing test emails to Frank ’s customers bounced back.
VR Score
68
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63
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60
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English
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