Frank's Fraud: How Much is a Startup's Promise Worth?
Update: 2025-09-28
Description
Startup Hustle or High-Stakes Heist? The Charlie Javice fraud case has Wall Street on edge as the Frank founder faces sentencing for allegedly conning JPMorgan out of $175 million with a fake user database. Prosecutors demand 12 years and $300 million in restitution, but Javice's team argues the bank got more than just phantom users—they acquired valuable tech and talent. The battle over Frank's true worth could redefine how financial crimes are valued and how future startup deals are scrutinized.
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