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11
Conspiracy to commit banking and wore fraud, or cancellations because JPMorgan Chase bout bought the app? (www.unilad.com)
posted 2 years ago by Michalusmichalus 2 years ago by Michalusmichalus +12 / -1
Millennial app founder arrested on fraud charges after selling app for $175 million
The founder of an app for students has been arrested on fraud charges after selling it for $175 million.
www.unilad.com
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– Michalusmichalus [S] 2 points 2 years ago +2 / -0

In a complaint filed to a New York District Court, Janice apparently misled JPMorgan Chase into thinking that Frank had 4.25 million users, which would obviously make it incredibly popular.

However, in reality, Frank reportedly had fewer than 300,000 users, with JPMorgan Chase allegedly paying the price for an app more than ten times the size of that.

https://www.unilad.com/news/charlie-javice-founder-frank-app-arrested-fraud-377672-20230405.amp.html

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▲ 2 ▼
– the-new-style 2 points 2 years ago +2 / -0

I bet Biden issues a pardon.

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▲ 1 ▼
– Michalusmichalus [S] 1 point 2 years ago +2 / -1

It seems like only the big men don't get charges for things like this.

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– ZyklonShower 0 points 2 years ago +2 / -2

Oy vey it’s anuddah shoah!

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