Millennial CEO charged in $175m fraud case ...News

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Millennial CEO charged in $175m fraud case
source : Russia Today ( News ) () 48
Charlie Javice is accused of lying about the number of clients her student loan helper app Frank had Charlie Javice, the 31-year-old founder of student-aid assistance app Frank, lied about having 4 million clients’ data in order to dupe banking giant JP Morgan Chase into buying her company for $175 million, according to the US Securities and Exchange Commission, which filed a fraud complaint against Javice on Tuesday. Javice and another executive at Frank “engaged in a months-long scheme to fabricate the data that both of them knew JPMC was paying $175 million to acquire,” the SEC stated. The app supposedly had in

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