Second Frank Executive Charged With Defrauding JPMorgan (2)

The former chief growth officer of college financial-planning startup Frank was indicted by federal prosecutors for allegedly helping founder Charlie Javice defraud JPMorgan Chase & Co. in its $175 million acquisition of the company.

Olivier Amar was added to the case Wednesday in a superseding indictment filed in Manhattan federal court. He was charged with conspiracy, wire fraud, bank fraud and securities fraud.

Amar, 49, of Port Washington, New York, intends to surrender on the charges Thursday morning and attend a conference in the case before US District Judge Alvin K. Hellerstein, a spokesperson for Manhattan US Attorney Damian ...