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Javice et al (Release No LR-25776; Jul 12, 2023)

Javice et al (Release No LR-25776; Jul 12, 2023)
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US charges second Frank college aid executive with defrauding JPMorgan

NEW YORK (Reuters) -U.S. prosecutors on Wednesday unveiled an indictment charging a second former executive of college financial aid startup Frank with defrauding JPMorgan Chase into buying the company for $175 million. Olivier Amar, 49, who was Frank's chief growth officer, was charged with wire fraud, bank fraud, securities fraud and conspiracy. Frank founder Charlie Javice, 31, was arrested in April and later pleaded not guilty to the same four counts.

US charges second Frank college aid executive with defrauding JPMorgan

US charges second Frank college aid executive with defrauding JPMorgan
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US charges second Frank college aid executive with defrauding JPMorgan

US charges second Frank college aid executive with defrauding JPMorgan
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US charges second Frank college aid executive with defrauding JPMorgan

By Luc Cohen NEW YORK (Reuters) - U.S. prosecutors on Wednesday unveiled an indictment charging Olivier Amar, who helped run college financial aid sta.

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