Among the conditions of the case brought against Frank founder Charlie Javice last week by the Justice Department, she agreed not to contact employees of JPMorgan Chase, the bank she is charged with defrauding.
One catch: That bank holds her mortgage.
Javice’s lawyers asked a magistrate judge, in a letter seen Monday by Bloomberg, that she be allowed to contact certain bank workers and the JPMorgan Chase customer service line “solely in her capacity as a mortgager and the institution’s capacity as a mortgage.”
The lawyers added that Javice has one remaining investment account at JPMorgan, for which “she may need to coordinate with the responsible bank employees to manage the account,” according to Bloomberg.
The judge, Barbara Moses, approved the request Monday, the wire service reported.
“With these exceptions, the no-contact condition would be tailored more appropriately and would not unduly prevent Ms. Javice from managing her affairs as necessary,” the lawyers wrote, adding that prosecutors were not opposed to the adjustment.
Equity in Javice’s Miami home played a factor in securing her bail. Javice was released last Tuesday on a $2 million bond.
Javice is charged with four fraud-related counts and faces allegations she misrepresented college-aid fintech Frank’s customer base in an attempt to entice JPMorgan to buy the company for $175 million. A competitor bank was also reportedly pursuing the startup at the time.
