Startup founder Charlie Javice has been sentenced to 7 years in prison for orchestrating a fraudulent scheme that deceived JPMorgan Chase into acquiring her financial aid startup, Frank, for $175 million. The court revealed that Javice used misleading user data to secure the deal, resulting in significant financial loss for the bank. In a tearful courtroom statement, she expressed remorse but ultimately faced the consequences of her actions, reflecting the growing scrutiny and consequences facing fintech entrepreneurs in similar situations.