FraudTrial

JPMorgan Claims Victimhood in High-Stakes Fraud Trial Against Ex-CEO

2 days ago

In a sensational opening to the fraud trial of former Jamie Dimon protégé, Charlie Javice, federal prosecutors asserted that she deceived JPMorgan Chase & Co. with elaborate lies to secure a lucrative $175 million deal to acquire her startup, Frank. The trial commenced this past Monday in New York's Southern District, where the government outlined its case against Javice, who stands accused of orchestrating a scheme to falsify information on her company's client base in order to mislead the banking giant.

JPMorgan Faces Major Setback as Javice Fraud Trial Begins

4 days ago

JPMorgan Chase is preparing to confront a significant challenge as the trial concerning the alleged fraud committed by former executive Charles Javice unfolds. The case not only brings to light the complications of a high-stakes merger but also raises critical questions about corporate due diligence and executive responsibility in the finance sector.

Vietnamese Tycoon Truong My Lan Convicted in Second Fraud Case, Sentenced to 12 Years

4 months ago

In a high-profile legal development, Truong My Lan, the prominent Vietnamese billionaire and chairwoman of the real estate giant An Phat Holdings, has been found guilty in her second major trial concerning fraud. A court in Ho Chi Minh City delivered the verdict on October 17, 2024, sentencing her to 12 years in prison.