Sunday, January 22, 2023

Young Jewish entrepreneur accused of conning America’s largest bank out of $175m

 https://www.timesofisrael.com/young-jewish-entrepreneur-accused-of-conning-americas-largest-bank/

The largest bank in the United States, JPMorgan Chase & Co., is accusing young Jewish entrepreneur Charlie Javice of conning it into purchasing her company for $175 million by fabricating millions of its supposed clients.

In a lawsuit filed by the bank last month, it accused the once promising CEO featured on Forbes’ 30 Under 30 list of engaging in an elaborate scheme to exaggerate the list of clients of her college financial planning startup, Frank, which JPMorgan purchased in September 2021.

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