Fintech Trust Crumbles as Javice Case Reveals Systemic Failures
The fintech world has been left reeling after Charlie Javice, founder of financial aid startup Frank, was convicted of defrauding JPMorgan Chase out of $175 million. The case highlights the flaws in how fintech startups sell themselves, how banks evaluate acquisitions, and how investors assess risk. Charlie Javice claimed to have four million users, but … Read more