Javice Sought ‘Synthetic’ Data for JPMorgan Deal, Jury Told
- Frank founder’s ex-workmate says he asked if request was legal
- Bank’s ex-consumer CFO also testified at Javice’s fraud trial
Charlie Javice
Photographer: Yuki Iwamura/BloombergThis article is for subscribers only.
The former head engineer of the failed student-finance startup Frank testified that when he asked company founder Charlie Javice if her request to create “synthetic” customer data was legal, she told him in his native French that she didn’t intend to “end up in an orange jumpsuit.”
Patrick Vovor told jurors he didn’t want to do anything illegal and declined to provide the data. The dramatic testimony by Vovor, now a JPMorgan Chase & Co. employee, came at the end of a week that provided additional details of the bank’s vetting of its failed $175 million acquisition of Frank in 2021.