The founder of student aid startup Frank shook her head repeatedly Thursday as a prosecutor claimed that she tricked J.P. Morgan Chase into paying $175 million for her business by lying about its client base.
Assistant U.S. Attorney Micah Fergenson described criminal charges against Frank founder Charlie Javice and codefendant Olivier Amar, the company's chief growth officer, to a federal judge at a pretrial hearing during which each of them entered pleas of not guilty to an indictment unveiled Wednesday.
