| In
Charlie Javice Trial JPM Exec
Thought BofA Was Bidding Admits
User Number Not in Reps
by
Matthew Russell Lee, Patreon Book
Substack
SDNY COURTHOUSE,
Feb 27 – JPMorgan
Chase bought a
start-up
called Frank,
which claimed
to have 4
million
students
signed up to
file their
FAFSA forms,
for $175
million. Then
Chase learned
Frank had only
300,000
customers.
On
April 4, 2023,
Frank founder
Ms. Charlie
Javice was
brought before
U.S. District
Court for the
Southern
District of
New York
Magistrate
Judge Barbara
C. Moses and was
freed on $2
million bond.
On
January 24, 2025
Inner City
Press
published the
first book on
the case, Fintech
Fraudster? here
In the
February 20
openings, both
defendants'
lawyers hammered JPM
Chase, with
Javice's Baez
naming Jamie Dimon. Thread
here.
On February
21 as Houston
Cowan took the
stand,
then paused
due to audio
problems,
Javice filed that "evidence
and argument
regarding
Bank-1 should
be excluded."
Letter on
Patreon here.
On
February 26,
the second
then third
witness, with
not four but ten
million floated, and
running commentary
from defense
table
called out.
On
February 27 the third
witness Leslie
Wims Morris
of JPMC admitted
they thought
BofA was
bidding and
she's now with
Chase Auto
Continued
thread
and more on X
for Subscriber
here
and
Substack here
This case is
USA v. Javice,
et al., 1:23-cr-251
(Hellerstein)
***
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