Former Frank executive, Olivier Amar, sentenced to prison for his role in a $175M fraud scheme involving JPMorgan Chase. Amar, along with Frank's founder, Charlie Javice, presented false documents claiming over 4M student customers, when in reality, they had fewer than 400K. Amar was deemed intimately involved in the fraud and ordered to pay $223M in restitution.
The Daily News Now! - Every city. Every story. Powered by AI.
Hosted on Acast. See acast.com/privacy for more information.
