Young CEO sentenced in $175M fraud case - ABC News [View all]

Startup founder Charlie Javice was sentenced Monday to seven years in prison for a crime the judge called "biblical," defrauding JPMorgan Chase out of $175 million.

"Among the many commandments in the bible are the commandments of just weights and measures. Yours was not a just weight and measure," Judge Alvin Hellerstein said during the sentencing hearing.

Javice was convicted of fraud in March for lying about her financial aid startup, and prosecutors had requested a 12-year sentence.