Charlie Javice, accused of defrauding JPMorgan Chase of $175 million for her financial aid startup Frank, faces trial starting February 18. A judge ruled that mentions of Elizabeth Holmes and Theranos will be excluded unless brought up by the defense. WhatsApp messages between Javice and her co-defendant, Olivier Amar, expressing blame towards investors, cannot be introduced as evidence unless either defendant opens the door. Prosecutors allege ongoing deception about Frank's success during negotiations with Chase, raising significant allegations of fraud against the young entrepreneur.
Federal prosecutors allege that over months of negotiations, Javice and Amar repeatedly lied to Chase about the success of Frank, a for-profit tech company that Javice launched at age 24.
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