Overview
- U.S. District Judge Alvin Hellerstein imposed an 85‑month prison term, followed by three years of supervised release.
- Javice was ordered to forfeit about $22.36 million and pay roughly $287 million in restitution to JPMorgan.
- She remains free on bail during her appeal after a March conviction on bank, securities, and wire fraud, plus conspiracy.
- Prosecutors said she claimed more than 4 million users when Frank had fewer than 300,000, enlisting a data scientist to create synthetic records.
- The judge criticized JPMorgan’s due diligence but emphasized deterrence, as co‑defendant Olivier Amar awaits sentencing on October 20.