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Frank founder, former executive found guilty in US fraud case

By Samuel Rubenfeld ( March 28, 2025, 20:38 GMT | Insight) -- The founder of tech startup Frank and the firm’s former chief growth officer were both convicted today of fraud after lying to banks about the size of its userbase to sell the company. After a six-week trial and about two days of deliberation, jurors found Charlie Javice and Olivier Amar, respectively the founder and the former executive, guilty on all four counts they faced for defrauding JP Morgan, which had purchased Frank in 2021 for $175 million.The founder of tech startup Frank and the firm’s former chief growth officer were both convicted today of fraud after lying to banks about the size of its userbase to sell the company....

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