2nd Fintech Exec Vows To Fight $175M JPMorgan Fraud Case

By Rachel Scharf

A second executive of shuttered student financial aid company Frank pled not guilty in Manhattan federal court Thursday to swindling JPMorgan Chase & Co. into buying the startup for $175 million, with the defendant's lawyer saying he "intends to clear his name at trial."

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https://www.law360.com/banking/articles/1699500?nl_pk=99a2a594-20ad-4b2f-a28e-cd0e62d896b6&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2023-07-14&nlsidx=0&nlaidx=4