Charlie Javice's trial becomes a master class in arrogance for both sides

Charlie Javice's high profile fraud trial has become a sample of shameful errors on both sides, with details of the eyebrow on how Jpmorgan Chase was supposedly cheated to buy her start, Frank, for $ 175 million when she only had 300,000 clients instead of four million.

For a new WSJ articleThere was a crucial time when former engineer Frank Patrick Vakor testified that he rejected Javice's request to create false users data just one week before the sale, remembering that he said: “Don't worry. I don't want to finish in an orange monkey.” When Vovor declined, Javice supposedly turned to a mathematics teacher to generate data from synthetic users, which were then sent to JPMorgan. (In the Court, Javice's legal team painted Vovor as a despondent despised).

In addition to JPMorgan's failure to properly examine the Frank users base, other uncomfortable details have emerged, including Leslie Wims Morris, who directed the agreement in JPMorgan, it is reported that he sent a note to his team, underlining segments of the annual letter of the CEO Jamie Dimon to investors in 2021 Yy added that sometimes there is “no need to do an analysis.” “.”

Javice's lawyers said in the Court that it is evidence that Jpmorgan did not believe that he needed to verify his work, but Morris testified that he was ironic and written as “a joke for my team.”