Published on: 2025-05-18 06:55:50
NEW YORK (AP) — Charlie Javice, the charismatic founder of a startup company that claimed to be revolutionizing the way college students apply for financial aid, was convicted Friday of defrauding one of the world’s largest banks, JPMorgan Chase, out of $175 million by exaggerating her customer base tenfold. A jury returned the verdict after a five-week trial in federal court in Manhattan. Javice, 32, and her co-defendant, Olivier Amar, face the possibility of decades in prison in a case that h
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Find related items on AmazonPublished on: 2025-05-23 09:41:13
Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s customer list to deceive JPMorgan into acquiring her startup. When JPMorgan bought Frank in 2021, the bank thought the startup had 4 million customers
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Find related items on AmazonPublished on: 2025-05-25 17:27:00
If you're new to massage guns there are some things to keep in mind so you're getting the most out of them. We spoke with sports chiropractor and Hyperice ambassador Julia Morgan for advice on the best massage gun practices. Choosing the right massage gun: There are different types of massage guns on the market, so it's helpful to know if you want something heavy-duty because you're very active or if you don't need the massage gun with all the bells and whistles because you're only going to use
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Find related items on AmazonPublished on: 2025-06-18 03:53:32
America's biggest bank is sounding the alarm on Tesla's historic value loss under Elon Musk. As Forbes reports, JPMorgan said in a new note to clients that it's never seen anything quite like the massive value plummet at Tesla, which lost $127 billion in a single day this week as its CEO's politics become more toxic by the day. "We struggle to think of anything analogous in the history of the automotive industry," JPMorgan analysts wrote, "in which a brand has lost so much value so quickly."
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Find related items on AmazonPublished on: 2025-07-12 18:20:32
The law firm Morgan & Morgan has rushed out a stern email to its attorneys after two of them were caught citing fake court cases invented by an AI model, Reuters reports. Sent earlier this month to all of its over 1,000 lawyers, the email warns at length about the tech's proclivity for hallucinating. But the pros of the tech, apparently, still outweigh the cons; rather than banning AI usage — something that plenty of organizations have done — Morgan & Morgan leadership take the middle road and
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