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The thing that stands out to me about indicted and convicted fraud cases is how they always spell out “all you had to do was” Like with onecoin, all they had t

• ameliaquining 2y ago
  She did harvest from data brokers. The AP article doesn't really get into this, but the SEC complaint (https://www.sec.gov/files/litigation/complaints/2023/comp-pr2023-74.pdf https://www.sec.gov/files/litigation/complaints/2023/comp-pr...) explains: "Knowing that JPMC would have access to Frank’s real and much more limited student data after the close of the acquisition, Javice and another high-ranking Frank executive (the “Frank Executive”) began an effort to create a list of real names that they could pass off as Frank’s customers. To that end, the Frank Executive arranged for Frank to pay $105,000 to a third party data compiler for its in-college student data. Javice arranged for Frank to pay $75,000 to a different data compiler to augment the list the Frank Executive bought with email and phone number data."
• Centigonal 2y ago
  She actually tried! In the original complaint, JPMC's lawyers wrote that Javice & Co generated their "user database" by securing a leads list from one data broker, and then turning around and asking a second data broker to enrich it with users' personal information to make it look like a customer list. She hired a college professor freelance to add in synthetic data wherever the data from the brokers was lacking. If the data brokers she worked with had high quality leads, maybe it would've taken longer for them to get caught. :p