The Fraud Trial That Became JPMorgan's Headache
The Journal.
Crisis of Trust: The Frank Acquisition
This chapter examines the legal case of the U.S. vs. Charlie Javis, focusing on the acquisition of her financial aid business, Frank, by J.P. Morgan for $175 million. It reveals the unraveling of trust as the bank discovers significant issues with customer data, leading to a crisis that impacts their operations and leadership.
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