NEW YORK (Reuters) -A former finance executive convicted of helping Charlie Javice defraud JPMorgan Chase into buying the college financial aid startup Frank for $175 million was sentenced on Wednesday to 68 months in prison.

Olivier Amar, who was Frank’s chief growth officer, was sentenced by U.S. District Judge Alvin Hellerstein in Manhattan.

Hellerstein also sentenced Javice to 85 months in prison on September 29. She is expected to appeal her conviction.

Lawyers for Amar did not immediately respond to requests for comment.

Javice founded Frank in 2017 and won praise for simplifying college financial aid for students and parents.

But prosecutors said that when it came time to sell the business, the defendants created a fake customer list, containing real names they bought from data

See Full Page