JPMorgan Chase must keep paying the legal fees of convicted fraudster Charlie Javice, a Delaware judge ruled Thursday.
The ruling came after the bank accused Javice, who was convicted last year of defrauding JPMorgan, of accumulating "astronomical" legal fees, including expenses such as $530 for gummy bears and a $581 dinner for two with a $161 seafood tower.
"We respectfully disagree with the Delaware decision about the bounds of reasonableness and are considering next steps," Pablo Rodriguez, a spokesperson for JPMorgan, said in a statement shared with Business Insider.
Javice was convicted and sentenced to seven years in prison for using inflated data to trick JPMorgan into paying $175 million for her fintech startup, Frank. She and co-defendant Olivier Amar, who was chief growth officer at Frank, were also ordered to pay $288 million in restitution to JPMorgan.
JPMorgan has been ordered to pay Javice's legal fees while the litigation plays out, under the terms of its contract with Frank.
"For months, JPMorgan waged a public campaign built around sensational headlines about Charlie's legal expenses, including claims that were inaccurate, misleading, or didn't even involve her," Juda Engelmayer, a spokesperson for Javice, said in a statement provided to Business Insider.
"Today's ruling is a reminder that public narratives don't override contractual obligations," he added.
Convicted in March 2025, Javice has been free on $2 million bail while her case goes through appeals. Javice has tried and failed several times to get her ankle bracelet removed.
A New York judge this week denied Javice's request to have her court-mandated GPS ankle monitor removed in exchange for doubling her bond to $4 million.
The judge said the prospect of over seven years in prison and the large restitution she owes meant her new proposal "does not mitigate the risk of flight," adding that $4 million "pales in comparison to Javice's multimillion-dollar restitution and forfeiture obligations."
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Kelsey is a senior reporter for Business Insider, where she covers business and tech news as well as stories about travel, luxury, and consulting.Her feature story "Disaster at 18,200 feet" received awards from the New York Press Club and the North American Travel Journalists Association, as well as honorable mention from the Society of American Travel Writers. It was also included on Longreads' and Pocket's best of 2022 lists. She has also received an American Journalism Online Award for her coverage on missing and murdered Indigenous people in Wyoming.She's appeared on CBS, NPR, NBC, and other outlets to discuss her work. She previously worked on the world news desk at the BBC in London and received a master's in journalism from Northwestern University.She can be reached by email at [email protected] or via the encrypted-messaging app Signal @kelseyv.21.Popular storiesDisaster on Denali: Inside a 1,000-foot fall on America's highest peakThrifting is more popular than ever. It's also never been worse.Rolex wouldn't service the vintage watch my mom inherited. Watchmakers say it happens all the time.A tiny, invasive bug and the climate crisis are changing how guitars are made, and shifting the course of music historyThe tourism free-for-all is overGovernment-run boarding schools were founded to 'civilize' Native Americans. Hundreds of dead children remain buried in the schoolyard graves.Meet the Texas minister who helps fly dozens of women to New Mexico every month to get abortionsPeople are flocking to Colorado for the great outdoors, but the air pollution is so bad, it's forcing many to stay insideInside Kabul: An aid worker reveals the devastating chaos that erupted during the US exit from Afghanistan
