JPMorgan Chase: BREAKING: Startup Founder Guilty Over $175M JPMorgan Deal Gone Awry
A Manhattan federal jury on Friday convicted Frank founder Charlie Javice and another former executive of the educational startup for tricking JPMorgan Chase & Co. into spending $175 million to buy the now-shuttered company by lying about its user base.
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JPMorgan Chase is a New York-based financial institution that provides services such as investment banking and asset management for individuals and businesses.
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