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bank fraudInternational Business Times UK
•65% Informative
Charlie Javice , 31 , is accused of bank fraud, securities and wire fraud, and conspiracy charges.
Frank helped students apply for Federal student aid in under five minutes .
She is now facing 100 years of prison time after being sued by JPMorgan .
JPMorgan CEO Jamie Dimon has described the acquisition of Frank as a "huge mistake".
Charlie Javice was featured in Forbes ' 30 under 30 list in 2019 .
She is accused of fraudulently inducing the sale of her student financial products company Frank .
JPMorgan bought Frank for $175 million in 2021 .
She faked a list of 4.25 million customers, but only 300,000 customers were there.
Javice and Olivier Amar were suspended from their JPMorgan roles.
The company was never officially registered, with no records of its existence despite her claims of customers and partnership deals.
VR Score
65
Informative language
68
Neutral language
50
Article tone
informal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links