A senior JPMorgan Chase & Co. executive testified that Charlie Javice told the bank that her student-finance startup, Frank, was on track to more than double its users to nearly 10 million by the end of 2021, from a number prosecutors allege was already a scam.
Leslie Wims Morris, who was JPMorgan’s then-chief of corporate development, on Wednesday became the first witness from the bank to take the stand at Javice’s fraud trial. Wims Morris led deal negotiations with Javice, who is charged with inflating the number of Frank users from fewer than 300,000 to more than 4.25 million ...