Charlie Javice, who has been accused of defrauding JPMorgan Chase into buying her now-shuttered college financial aid company Frank, has been indicted over her relationship with the bank.
A four-count indictment made public on Thursday in Manhattan federal court charges Javice with securities fraud, wire fraud, bank fraud and conspiracy.
Javice had been arrested on a criminal complaint on April 3, and charged with duping the largest US bank into buying Frank for $175 million in 2021.
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‘Enforcement 40’ for 2020
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