JPMorgan foots $115M tab of legal bills for Charlie Javice, co-defendant who scammed bank out of $175M: report
NegativeU.S News

JPMorgan has reportedly covered $115 million in legal fees for Charlie Javice, who is accused of defrauding the bank out of $175 million. This situation draws a stark comparison to Elizabeth Holmes, the Theranos founder, who spent about $30 million on her legal defense before facing prison time. The significant amount spent by JPMorgan raises questions about accountability and the lengths to which financial institutions will go to protect their interests, especially in high-stakes fraud cases.
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