Using data from some individuals who’d already started using Frank, he created 4.265 million fake customer accounts-for which Javice paid him $18,000-and had it validated by a third-party vendor at her direction, JP Morgan alleges. It alleges that Javice and Amar first asked a top engineer at Frank to create the fake customer list when he refused, Javice approached “a data science professor at a New York City area college” to help. JPMC’s newest suit is nothing but a cover.”Īsked in her 30 Under 30 submission about the biggest hurdle the company was facing, Javice said: “Scaling.”įrank’s chief growth officer Olivier Amar is also named in the JP Morgan complaint. “After JPMC rushed to acquire Charlie's rocketship business, JPMC realized they couldn't work around existing student privacy laws, committed misconduct and then tried to retrade the deal,” Javice’s lawyer, Alex Spiro, said in a statement emailed to Forbes.
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