Founder of Frank
a startup Fintech providing college financial planning solutions which was accrued by JP Morgan for $175M, is now facing criminal fraud charges. About three minute read.
Comment: I’ve been aware of this story but haven’t reported on it, waiting to see how far it would go. Criminal fraud charges take it to a higher (lower?) level, and I can’t help but wonder how many Fintech companies “fake it til they make it”, to use the famous New York expression?
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