The trial of Charlie Gavis becomes a major category in the arrogance of both sides
Charlie Javis’s prominent fraud trial has become an embarrassing errors on both sides, with details of the eyebrows on how to deceive Jpmorgan Chase to buy its start, Frank, for $ 175 million when it had only 300,000 customers instead of four million.
For all new WSJ articleOne of the axial moments came when former Frank Engineer Patrick Fovor witnessed that he rejected Javis’s request to create false user data just one week before the sale, recalling that she said to him: “Don’t worry. I don’t want to end in an orange suit.” When VOVOR was rejected, Javice is allegedly turned into a mathematics professor to create artificial user data, which was then presented to Jpmorgan. (In court, the Javice Legal Team VOVOR was drawn as a groove.)
In addition to the failure of JPMorgan to check the base of Frank users properly, other uncomfortable details appeared, including that Leslie Wemes Morris, who led the deal at JPMorgan, has sent a memorandum to her team, confirming segments of CEO Jimmy Damon on her annual letter to investors in 2021 and added that “there is no need to analyze at all.”
Javis’s lawyer said in the court that it was evidence that JPMorgan did not believe that she needed to verify her work, but Morris witnessed that he was a tongue in the cheek and wrote a “joke to my team.”