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bank fraudCNBC
•Business
Business & Economics
80% Informative
Charlie Javice , founder of a startup purchased by JPMorgan Chase , was convicted in federal court Friday of defrauding the bank by vastly overstating the company's customer list.
The jury decision comes after weeks of testimony in New York over who was to blame for the flameout of a once-promising startup.
JPMorgan sued Javice in late 2022 after attempting to send marketing emails to some of the thousands of "customers" it thought Frank had.
VR Score
82
Informative language
82
Neutral language
58
Article tone
formal
Language
English
Language complexity
41
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
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