 JPMorgan Chase Co NYSE:JPM said it has shut down Frank, the website for a college financial aid platform it bought for 175 million in September 2021 after alleging the companys founder, Charlie Javice, created nearly 4 million fake customer accounts, CNBC has reported. The countrys biggest bank acquired Frank to help it deepen relationships with college students, a key demographic, a Chase executive told CNBC at the time. 