JPMorgan's $74M Legal Bill for Fraudulent Startup
Update: 2025-12-23
Description
Charlie Javice, founder of Frank, convicted for fraud, now has JPMorgan Chase covering her $74M legal bill. Despite conviction, expenses continue to rise, including lavish spending on gummy bears, seafood towers, and first-class flights. JPMorgan argues expenses are excessive, while Javices lawyers claim the bank is avoiding obligations. The ongoing dispute raises questions about the financial fallout from the deal.
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