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The Independent UK

National

Isabel Keane

Disgraced tech start-up fraudster Charlie Javice sentenced to 7 years

Charlie Javice Frank Alvin Hellerstein JPMorgan

Disgraced start-up founder Charlie Javice, who was convicted in March, was sentenced to just over seven years in prison. She is pictured arriving at court Monday - (AFP/Getty)

Charlie Javice, the finance-tech startup founder who lied about her financial aid company and sold it to JPMorgan Chase for $175 million, was sentenced to seven years in prison Monday.

Judge Alvin Hellerstein said he felt the federal government’s suggested sentencing of 12 years in prison was too steep, and sentenced Javice to 85 months, or just over seven years, at Manhattan federal court.

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