Javice, 31, is accused of “falsely and dramatically” inflating the number of customers Frank actually had in a scheme to “fraudulently induce” the bank to acquire the startup in 2021, federal prosecutors in Manhattan said. She stood to gain more than $45 million from the alleged deception, they added.

The one-time rising tech star – who was once named as one of Forbes’ 30 Under 30 – was arrested Monday night in New Jersey and is expected in Manhattan federal court Tuesday afternoon.

She faces four counts. They are one count of conspiracy to commit bank and wire fraud, one count of wire fraud affecting a financial institution, one count of bank fraud, and one count of securities fraud. Three of the charges each carry a maximum sentence of 30 years in prison.

(http://www.autoadmit.com/thread.php?thread_id=5319099&forum_id=2#46143107)

"Because Frank’s historic emails and data had been transferred to JPMC as part of the merger, JPMC discovered Javice’s conversations with the Data Science Professor about creating synthetic data to provide to the Validator and the Data Compiler 1 list that the Frank Executive had purchased."

https://www.sec.gov/litigation/complaints/2023/comp-pr2023-74.pdf

(http://www.autoadmit.com/thread.php?thread_id=5319099&forum_id=2#46146938)

But she could have gotten away with it had she not provided all the evidence to the billion dollar bank she defrauded.

(http://www.autoadmit.com/thread.php?thread_id=5319099&forum_id=2#46154943)

LOLLIBS

(http://www.autoadmit.com/thread.php?thread_id=5319099&forum_id=2#46154967)