| JPM
Chase Fooled by Frank Founder Free
on $2M Bond Asking JPMC Docs, Next
is July 13
by
Matthew Russell Lee, Patreon Book
Substack
SDNY COURTHOUSE,
May 22 – 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,
represented by
Quinn
Emanuel.
The
complaint
quotes Javice
messages with
the engineers
she hired to
create the
false data,
and to enter
in data she
bought on the
open market.
To one of
them, she is
quoted, "We
don't want to
end up in
orange
jumpsuits."
In
the tri-state,
it is
Westchester
County
Department of
Corrections in
Valhalla that
dresses its
inmates in
orange. MDC
Brooklyn uses
beige; Essex
County
Corrections
Facility in
New Jersey
uses yellow.
In any event,
white collar
defendant
Javice, who
took on an
appropriately
or
strategically
contrite look
on Worth
Street still
barricaded for
the nearby
state court
arraignment of
former
President
Donald Trump,
was freed on
$2 million
bond, travel
restricted to
SDNY and EDNY
and the
Southern
District of
Florida, where
she lives.
On May
18,
Javice was
indicted on
bank, wire and
securities
fraud counts,
and the case
assigned to District
Judge Alvin K.
Hellerstein.
On May
22, Javice was
arraigned, by
video feed
into the SDNY
Mag Court.
Inner City
Press was
there,
thread here:
OK- now
at Charlie
Javice
arraignment in
SDNY
Magistrates
court - Javice
is by video.
Mag
Judge
Gorenstein
presiding.
(Indicted case
has been
wheeled out to
District Judge
Hellerstein,
who also has
Trump removal
of state
criminal cass)
Alex Spiro of
Quinn Emanuel
for Javice,
also virtual
Judge
Gorenstein
read off, To
drfraud JPMC
and a certain
other bank."
Could
it be now
failed
Signature
Bank? In
any event, why
not name them?
And, some ask,
why is SDNY
serving as
collection
agent for
banks' lack of
due
diligence?
Next date is
July 13, 2023:
"Deft. pres.
w/attys. Alex
Spiro and
Maaren Alia
Shah; AUSAs,
Dina McLeod
and Micah
Fergenson
pres.; Next
PTC is set for
7/13/23 at
10:45 am; Time
is excluded
until 7/13/23;
in the
interest of
justice; Deft.
contd. on
bail.
(Pretrial
Conference set
for 7/13/2023
at 10:45 AM
before Judge
Alvin K.
Hellerstein)."
Spiro:
They won't
show us how or
if JPMC relied
on her
representations.
It's Brady
material.
AUSA: It's
voluminous. We
could live
with running
the time off
the clock.
Exclusion of
time under
Speedy Trial
Act
granted
5f order read
out,
adjourned.
Note
also in
SDNY, JPM
Chase is a
defendant in
Epstein
victims' case.
More on
Substack here.
Inner City
Press will
stay on this
case - and
other JPMC
cases,
including the
Jeffrey
Epstein-related
case against
Chase in which
CEO Dimon must
give
discovery.
This case is
US v. Javice,
23-cr-251
(Hellerstein)
***
Your
support means a lot. As little as $5 a month
helps keep us going and grants you access to
exclusive bonus material on our Patreon
page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA
Mail: Box 20047, Dag
Hammarskjold Station NY NY 10017
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2023 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com
|
,
