JPMorgan says convicted fraudster Charlie Javice’s $60M legal bills included hotel room upgrades
JPMorgan Chase accused convicted fraudster Charlie Javice of abusing the bank’s obligation to cover her legal bills — including billing for daily hotel room upgrades during her criminal trial, according to a new court filing.
The bank told Delaware’s Chancery Court on Monday that Javice and her co-defendant, Olivier Amar, treated the bank’s indemnification as a “blank check” to fund extravagant spending and unnecessary legal work.
JPMorgan said Javice’s defense costs have ballooned to an “unprecedented and shocking” $115 million.
The filing, first reported by Bloomberg, asked the court to end the bank’s obligation to pay the pair’s expenses.
JPMorgan cited the room upgrades as part of a pattern of wasteful billing that included inflated charges for reviewing documents, preparing trial exhibits, food expenses and train travel.
The bank said Javice hired five law firms whose work was often duplicative.
