Charlie Javice (sold her college fin app co to JPM) convicted of fraud

[Anonymous]

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Anonymous wrote:So JP Morgan cares about *some* crimes involving young women.

Most people care if you defraud them of $175 million.

Eh, if I got scammed by a sketchy eBay seller and came here for advice, 90% of posters would tell me it was my fault for not doing my due diligence.

For $175 million?

Dude, that’s the equivalent to JPM that about $40 is to the median American.

Literally. Do the math.

So…yeah.

2% of their net revenue. I did the math.

Nah, not revenues. Worth. Median US net worth is under 200k.

Revenue is what counts when it comes to shareholders.

If I came on DCUM and said scammed of $150 by a sketchy eBay seller and mentioned that I owned a house valued at million dollars, you’d say “cry me a river, and do your due diligence next time.” This is the equivalent of that. That is my point.

And I am saying that a publicly traded company can't afford to just lose 2% of their revenue. They have a fiduciary duty. Are you a publicly traded company?

Guess they should have done a little more due diligence then!