前Frank Exec Olivier Amar因在175万美元购置计划中欺诈被判处68个月徒刑。 Former Frank exec Olivier Amar sentenced to 68 months for fraud in $175M acquisition scheme.

金融援助初创公司Frank的前高管奥利维尔·阿马尔因参与欺诈计划而被判处68个月的监禁,该计划在2021年收购1.75亿美元的摩根大通时误导了摩根大通. Olivier Amar, a former executive at financial aid startup Frank, was sentenced to 68 months in prison for his role in a fraud scheme that misled JPMorgan Chase during a $175 million acquisition in 2021. 他与创始人Charlie Javice一同被定罪, 罪名包括银行和证券欺诈, 罪名是帮助伪造客户号码, 将公司用户数从40万以下提升至400万以上。 He was convicted alongside founder Charlie Javice on charges including bank and securities fraud, after helping fabricate customer numbers to inflate the company’s user count from under 400,000 to over 4 million. Alvin K. Hellerstein法官裁定Amar " 亲身卷入 " 欺骗行为,这误导了银行对启动价值的认识。 Judge Alvin K. Hellerstein ruled Amar was “intimately involved” in the deception, which misled the bank about the startup’s value. Amar被命令支付2.23亿美元的归还款,包括银行因欺诈而按合同有义务支付的法律费用5 400万美元。 Amar was ordered to pay $223 million in restitution, including $54 million in legal fees the bank was contractually obligated to cover due to the fraud. 他表示悔恨,以该公司帮助学生的任务失败为由。 He expressed remorse, citing the collapse of the company’s mission to help students. JPorgan要求一名特拉华州法官终止其支付被告法律费用的义务,这笔费用已达1.15亿美元。 JPMorgan has asked a Delaware judge to terminate its obligation to pay the defendants’ legal fees, which have reached $115 million.