Tech CEO indicted for $175 million fraud



Investigators said the founder of the nonprofit financial aid organization Frank used inflated user data to convince JP Morgan to acquire the company. ABC News’ Derricke Dennis has the details.

Original source (ABC/Youtube)

39 comments

  1. For those on here, that are excusing and even justifying Charlie Javice' (alleged) criminal acts, by saying that the banks do this all the time.
    Remember that when the banks weave a tangled web, or, it's the Charlie Javice's of the world weaving the same tangled web Either way, the money that is being swindled, often comes from the pockets of honest, working people… whom are not rich.
    True, the banks invest money…obviously,, to make money…but they still need people, and peoples money to keep their doors open.

  2. They should charge DJ Khaled with Fraud since he said God Did. Clearly he didnt.

  3. She will probably become cellmates with Elizabeth Holmes.

  4. Don't blame the scammer, blame yourself for falling for it lmfao

  5. If only the government was so quick to act when a small individual gets scammed.

  6. How many bankers did we send to prison for their fraud that cost millions of Americans their life savings and left millions more homeless after the 2008 'Great Recession"? Answer: ZERO Only single players can be held to account (like Madoff). Apparently ALL banks are 'too big to fail' and must always be bailed out. American socialism is only for the rich, kids women were forced to give birth to against their will can starve as long as we can borrow money for bullets and bombs and burn books. Welcome to America in 2023 (or, as I like to call it, '1984')

  7. It’s the investors fault, shoulda done due dill. This is exactly what happened in Silicon Valley, tht hboMax show 😂

  8. All women lie. That's all they do. Dishonest creatures.

  9. I'm sorry, but what was her crime exactly? Haha.

  10. I'm looking forward to the Charlie Javice, Elizabeth Holmes, Dalia Dippolito, and Jodi Arias pay-per-view in house "Prison Cell Oil Wrestling event.

  11. Holmes only got 13 years for a $9B scam. Something doesn't add up here.

  12. the former prez did it so it's OK.

  13. It seems the main result of the feminist movement was to give women the opportunity to behave just like the worst men. Of course, that wasn’t the goal, but much of the tactics and rationale led directly to this.

  14. but when banks steal from people its swept under the rug XD do it to the banks 100 years in jail. fuckin comical

  15. Sounds like Trump 🤨

  16. This new generation man. What’s up with them? Why so desperate on get-rich-quick attempts without delivering any value?

  17. Poor chase bank 😂. Always gambling 💰

  18. She only did what politicians do every day

  19. DECISIONS are what shape your character and integrity.

  20. This is the same JPMorgan Chase that bought bags of rocks thinking they were buying bags of nickel and they never bothered to check if their bags were actually full of nickel.

  21. The fact that when you defraud a bank you go to jail but the banks defraud the nation as a whole and they get more tax money.

  22. She is a fraud, but JP Morgan really should have done their homework. This is a lot of money. Forbes has not had the best run either with their covers, they've had a lot of fraudsters on their covers lmfao.

  23. But what’s your gender?

  24. The era of cute slut fraud

  25. Chavice cant fraud a fraud, VOID THE IRS, BAN TAXATION as USA HAS NO LEGAL TENDER TO PAY TAXES we have only pure public debt validity. (Article1 Section10 "No state shall make anything but silver & gold us minted coin a tender in payment of debts" by USA Constitutional law) "Inevitable us bank runs, None have Sole Legal Tender Silver & Gold us Minted coins". Defund REBELLION Desantis & Florida "VOID Illegal all Funds, Aid & DEBT Incurred UNDER TRUMP TREASON CULTIST Maga Republican Insurrection" ("But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations & claims shall be held illegal & void," As Section 4 of 14th Amendment of USA Constitution states, "The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."
    Nothing Terminates constitutional public debt validity but paying off the debt in Constitutional silver & gold us minted coin or if we returned to usa gold standard backed us dollar)
    Both Black Legislators Expulsions by republican TN majority was Racist Rebellion of usa constitution, democrat representatives had right to protest gun violence & support there democrat voter-base. TN CIVIL WAR SECESSION REJOINED USA BY ENACTING 13th & 14th & 15th AMENDMENT That ABOLISHES RACISM, in july 1866. "IN REBELLION RACISM TN REBEL STATE DENOUNCES its STATEHOOD The 1st state rejoining after secession FIRST STATE IN REBELLION TO LOSE STATEHOOD FOR RACISM AGAIN"
    "Suppress MAGA REPUBLICAN insurrection TREASON, withdrawal cash from banks & buy bitcoin & buy Dogecoin & buy luna classic."
    DAVOS WORLD ECONOMIC FORUM "YOU WILL OWE NOTHING AND WILL BE HAPPY ABOUT IT"
    ALL USA STOCKS FAIR MARKET VALUE is INDEBTED for never paying of debts in Legal Tender Silver & Gold us Minted coins & "Banks have no Sole Legal Tender Silver & Gold us Minted coins nor Gold Standard", worse banks arent obligated to dollar withdrawals that arent legal tender.
    #FedTreason Fed's Forcing bank runs, Tesla has Bitcoin & Dogecoin and knows history says all fiat collapses, Elon supports USA CRYPTO Running on USA dollar.
    Article1 Section8 "The Congress shall have SOLE Power To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes"
    THE SOLE POWER TO REGULATE INTERNATIONAL CRYPTO COMMERCE IS CONGRESSIONAL & ELECTED Not SEC in rebellion Nor FED Reserve in rebellion
    (Section 4 of 14th AMENDMENT OF USA CONSTITUTION. – The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.
    Nothing Terminates constitutional public debt validity but paying off the debt in Constitutional silver and gold us minted coin or if we returned to usa gold standard backed us dollar.)
    NO NATION HAS THE RIGHT TO GROW NOR EMPOWER ENEMIES OF USA, ALL ALLIES OF ENEMY CHINA CCP YUAN ARE ENEMIES OF USA.
    NONE OF USA STATES CAN QUESTION THE PUBLIC DEBT VALIDITY OF US CRYPTO RUNNING ON USA DOLLAR.
    as FED holds 2% inflation goal, so we expect 2-3 yrs of higher fed interest rate hikes, GO CRYPTO NOW or physical silver & gold.
    USA ALREADY BANKRUPT, EVEN USA OIL/Petrodollar have NO Legal Tender just pure debt dollar & Tesla Energy has BTC & DOGE (BANKS HAVE NEVER PAID OFF THERE DEBTS. THE USA DOLLAR IS PURE DEBT since fed revoked the goldstandard & DOLLAR ISNT LEGAL TENDER EITHER So Banks are indebted for decades.)
    Wage is Money owed to you for your labor or services but you have never been paid in silver & gold us minted coin as its the only way in usa to pay off there obligated debt of labor wages
    US DOLLAR will COLLAPSE, as GOLD STANDARD & minting pristine near pure silver & gold us minted 2023 coins ARE THE ONLY Solution to end bank runs & end inflation & end high interests, while guaranteeing the dollar is worth GOLD OR SILVER of appropriate weights only regulated by congress.
    I Still dont think bank runs are over, dollar fiat system only depends on blind trust but as banking instability and fear in banking rises the bank runs will continue to occur as it is inevitable as FED TOOK AWAY YOUR USA GOLD STANDARD OF THE VALUE OF EVERYTHING YOU OWN AND PURCHASED.
    GOLD VALUE IMPEDED INFLATION AND HIGH INTEREST cause no one was gonna pay mass excessive prices that steal your gold value, you could hoard gold and wait for interests to drop from banks desperation but hoarding was banned and they then repossessed all usa gold.
    SVB would still have gold reserves if we still had gold standard and SVB would have never been illiquid.
    I dont think the fed cares about bank runs as JEROME POWELL FEARS LOSING CONTROL OF HYPERINFLATION.
    Decentralized Crypto is really the only solution to both global bank runs and rising hyper inflation
    Low entry stablecoin can support the poor and rise standard of living quality.
    Proof of stake crypto keeps value stability and appreciation of crypto
    crypto bitcoin and xrp and nfts are designed for high wealth transactions
    Luna classic is not ready for usa but it can rise every nations standard of living whos currency is less than 1 to 1 to us dollar.
    Once luna classic repegs to $1 we should mint Lunc at a rate to stay over $1 lunc peg with ustc, but staking rewards should rise every year to keep staking growth and staking competitive and reinforce diversification in staking.
    We plan to Back CRYPTO TO SILVER AND GOLD US MINTED COINS as must be the legal tender of all usa citizens born or naturalized.
    ID SUGGEST FED AND US MINT MUST REINSTATE THE GOLD STANDARD AND BEGIN MINTING near pure usa 2023 Pristine gold coins and usa 2023 Pristine silver coins, its the only thing that prevent the entire usa banking system from bankruptcy collapse.
    CBDC can never be legal tender as only us silver and gold us minted coins can be considered legal tender as recognized as legal tender by 14 usa states laws.
    cant wait to Vote, GET READY FLORIDA As all LGBTQ go to Florida DISNEY TO VOTE DEMOCRAT IN 2024.
    Blue🇺🇸🌈🇺🇸 WAVE VOTE DEMOCRAT IN FLORIDA. VOTE LGBTQ IN FLORIDA
    PROTEST IN DISNEY florida, Dictator DeSatan Cant send Rebellion police forces to WAR with DISNEY.
    DISNEY CAN NOW BUY THERE OWN LGBTQ PRIVATE SECURITY DEFENSE FORCE
    Seriously m0r0n desantis taking away self governance MEANS DISNEY HAS NATIONAL DEFENSE FUNDS RIGHTS LIKE ANY MUNICIPALITY.  
    "Article 2 Section 4. BANS TRUMP JAN6TREASON, BANS DESANTIS HUMAN TRAFFICKING
    The President, Vice President and all civil officers of the United States, shall be removed from office on impeachment for, and conviction of, treason, bribery, or other high crimes and misdemeanors."
    https://youtu.be/LvuHwAJ8Jtw "treason republican dishonorable justice thomas," He PROVED REPUBLICAN SUPREME COURT IS IN TREASON VS USA, VS WOMENS PRO CHOICE, #ImpeachRepublicanJustices Now
    Impeding GUN-RIGHTS "do not STOP CRIMINALS BUYING GUNS ILLEGALLY."
    JAN 6 Insurrection NEEDED & REQUIRES ARMED DEMOCRATs ARMED LGBTQ to defend there nation the only nation that isnt trying to genocide all lgbtq.
    JAN 6 Can occur anywhere they wish to Insurrect "LGBTQ NEED REQUIRE AND MUST HAVE GUN-RIGHTS TO DEFEND OUR RIGHTS TO LIVE" trans are fighting for there lives if you ban gender confirming surgery You killed millions to suicide or depression or self harm, if your ban trans hormones THAT ARE A REQUIREMENT TO STAY ALIVE AND HEALTHY it means death. I have seen anti lgbtq PARENTS beat there kids near death and required over 10 people to get the kid to safety and emergency medical care, HE still committed suicide Born a female but His father said I DID NOT CREATE A FAGG0T YOU MUST DIE IF YOUR GOING TO BE A FAGG0T.

    WE HAVE ZONING FOR SEXUAL ABUSERS AND REGISTRATION REQUIRED, THERE MUST BE ZONING TO BAN HATERS, DISCRIMINATION, RACIST And ANY HOSTILE MENTAL ILLNESS 10 MILES FROM A SCHOOL ZONE

    YES SCHOOL ZONES REQUIRE FENCED IN PROTECTION AND ROUND THE CLOCK ARMED PATROLLING

    NO ONE IS ALLOWED IN 10 MILE SCHOOL ZONE WHO DOESNT PASS A CLEAN BILL OF MENTAL HEALTH CHECK

    YES IF YOU LIVE Within 10miles IN SCHOOL ZONE YOUR MANDATED TO GET PSYCHOLOGICAL PROFILE AND MUST PASS A MONTHS LONG CLEAN SAFE MENTAL HEALTH CHECK MINIMUM. usa officials should live in this 10 mile school zones and only democracy is allowed in this school zones, we cannot allow a possible communist socialist or liberal extremist. This school zones cannot be religion based as we cannot allow a religious institution loophole to RISK VULNERABLE children.
    Yes you live in an armed patrolled fenced in community

    (Now there will be Children That are recognize a danger to themselves and others WE MUST BAN THEM FROM SCHOOL ZONES and ENSURE A GOOD HIGH QUALITY REMOTE LEARNING)

    All daycare facilities of babies MUST BE IN THE SCHOOL ZONE TO GUARANTEE THE HIGHEST LEVEL OF CARE SAFETY AND PREVENT THE FACULTY BECOMING THE THREAT TO THE BABIES AND CHILDREN.

    WE MUST ENSURE 10 MILES OF SAFETY TO OUR CHILDREN
    if we cannot guarantee a SAFE ZONE FOR CHILDREN We adults have failed them, failed society and failed us constitutional promise to seek a more prosperous union.

  26. what bout banks scamming people?

  27. Theres plenty of no extraditions countries where You can go You go girl

  28. She should run away to south america

  29. Bank is dumb enough to buy a scheme in the same way they scheme other people but since it's a regular person they get nailed to the wall. Disgusting. They will have their day.

  30. She looks like a Brunette Elizabeth Holmes

  31. JP MORGAN IS ALWAYS STUPID ENOUGH TO GET CAUGHT UP IN BULLSHIT

  32. She starts a business and cons people I tried to start a business with good intentions and failed before it even started something wrong with this picture.

  33. She looks like the other lab fraud lady 😂

  34. A CEO being unethical? Tell me something I don't already know.

  35. Another Elizabeth H olmes 🙄