Javice was arrested on a legal grievance in early April on expenses that embrace conspiracy, wire fraud affecting a monetary establishment and financial institution fraud. Her indictment was posted on the courtroom docket on Thursday.

Javice had been in talks with prosecutors to resolve the costs.

Prosecutors say Javice engaged in “a brazen scheme to defraud” JPMorgan, “lied on to JPMC and fabricated information to assist these lies — all as a way to make over $45 million from the sale of her firm.” She was arrested April 3 and is free on a $2 million bond.

Alex Spiro, a lawyer for Javice, didn’t reply to a request for touch upon the indictment.

JPMorgan sued Javice for fraud in Delaware federal courtroom in December, claiming she helped falsify information to point out the location had greater than 4 million prospects when it truly had lower than a tenth that quantity. JPMorgan has since shut down the Frank website.

Javice argues JPMorgan rushed to purchase Frank with out doing correct due diligence and was additionally making an attempt to deflect consideration from violations of pupil privateness legal guidelines. Spiro has referred to as the go well with “nothing however a canopy” and mentioned JPMorgan was simply making an attempt to “retrade the deal.”

A decide in Delaware earlier this month mentioned JPMorgan should pay Javice’s authorized payments within the lawsuit.