Overview

• U.S. District Judge Alvin Hellerstein sentenced the 33-year-old entrepreneur in Manhattan federal court to a term just over seven years.
• A jury in March convicted Javice on bank, securities and wire fraud and conspiracy for claiming millions of users when roughly 300,000 were real.
• Prosecutors sought a 12-year sentence, arguing JPMorgan acquired a company built on illusory student relationships, while the defense urged leniency.
• Javice apologized in court and expressed remorse, as her attorney contrasted the case with frauds that carried direct safety risks.
• She is expected to appeal and recently hired appellate lawyer Alexandra Shapiro, and co-defendant Olivier Amar is set for sentencing on Oct. 20.