Charlie Javice accused US prosecutors of trying to turn up the heat in the criminal fraud case against her by blocking information exchanges in a separate lawsuit filed by JPMorgan Chase & Co., which claims she tricked the bank into buying her Frank college financial-planning website.
There’s no legitimate reason for prosecutors to halt discovery in the Delaware civil case so that Javice can’t use it to bolster defenses in the criminal case, her attorneys said in a court filing. Javice and a colleague were charged with defrauding JPMorgan when it acquired Frank for $175 million and made them executives at the bank. They were both fired.
Source: Frank Founder Charlie Javice’s Lawyers Accuse Prosecutors of Pressuring Her – Bloomberg
