JPMorgan Chase wants out of paying $115M legal tab for convicted fraudsters

JPMorgan Chase wants to stop paying millions in legal fees for two convicted fraudsters. The bank said in a court filing Friday that Charlie Javice and Olivier Amar have racked up an astronomical $115 million legal bill. The bank said it shouldn't have to pay and that its agreement to shoulder the costs should end. The bank had agreed to pay legal fees when it bought Javice and Amar's financial aid startup Frank. Javice was convicted in March of making it seem like Frank had millions more customers than it did. The bank says the bills far exceed any reasonable amount the two may have needed for their defense.