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JPMorgan says it was defrauded in $175 million purchase of college site

The bank “paid $175 million for what it believed was a business deeply engaged with the college-aged market segment with 4.265 million customers,� JPMorgan said in a Dec. 22 lawsuit filed in Delaware federal court. “Instead, it received a business with fewer than 300,000 customers.�

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​ The bank “paid $175 million for what it believed was a business deeply engaged with the college-aged market segment with 4.265 million customers,â€� JPMorgan said in a Dec. 22 lawsuit filed in Delaware federal court. “Instead, it received a business with fewer than 300,000 customers.â€� The bank “paid $175 million for what it believed was a business deeply engaged with the college-aged market segment with 4.265 million customers,â€� JPMorgan said in a Dec. 22 lawsuit filed in Delaware federal court. “Instead, it received a business with fewer than 300,000 customers.â€�  Moneycontrol Latest News Read More  

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