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

George Mihalcea

JPMorgan Chase is footing a staggering $115 million bill for the army of lawyers who defended convicted fraudster Charlie Javice and her former colleague Olivier Amar — a sum nearly two-thirds of what the bank paid for their ill-fated student-finance startup Frank. At trial, 19 lawyers appeared for Javice and 16 for Amar, an extraordinary show of legal firepower that helped drive the cost of their defense to a nine-figure sum. By comparison, Theranos fraudster Elizabeth Holmes spent around $30