CNBC: JPMorgan shutters website it paid $175 million for, accuses founder of inventing millions of accounts

CNBC: JPMorgan shutters website it paid $175 million for, accuses founder of inventing millions of accounts. “JPMorgan Chase on Thursday shut down the website for a college financial aid platform it bought for $175 million after alleging the company’s founder created nearly 4 million fake customer accounts.”