A woman who tricked 300 of America's top bankers into handing over $175 million to her at the age of 28 has been sentenced to more than seven years behind bars. Charlie Javice, 33, looked defeated outside of Manhattan federal court Monday after US District Court Judge Alvin K. Hellerstein sealed her fate for committing 'a large fraud' against JPMorgan Chase. Javice, who made the Forbes '20 Under 20' list of young business luminaries in 2019, was arrested in April 2023 on federal charges of conspiracy, bank and wire fraud connected to her student financial aid startup company, Frank. The company used a software that promised to simplify the notoriously complicated process of filling out financial aid applications for college and graduate students.She sold her company to the bank but it was a full year before the institution realized her claim that Frank had four million users was complete fiction. In reality, the company had just 300,000 users and the rest of its client base had been fabricated by Javice, who used fake information including false phone and social security numbers.JPMorgan Chase only realized the deception when it tried to contact some of the fake customers.But in a stunning twist, Javice will remain a free woman while she applies for any appeals on her conviction after managing to convince a judge that her previous charitable works and fertility struggles warranted bail. Charlie Javice, 33, the founder of Frank, was sentenced to seven years behind bars on Monday after a judge found her guilty of on federal charges of conspiracy, bank and wire fraud Javice sold the company to JPMorgan, the largest bank in the world, in 2021, claiming it had four million users. But, the institution uncovered a year later that it only had about 300,000The disgraced businesswoman will remain free for the next year after posting $2 million bail. Judge Hellerstein noted that Javice compiled a 'very powerful list' of her charitable deeds, which included her organizing soup kitchens for homeless people when she was just seven-years-old, according to the Boston Herald. It also mentioned how the Florida woman created career programs for previously incarcerated women.Hellerstein also made allowances for Javice's struggle with infertility, Business Insider reported. In several letters to the judge, Javice said she plans on spending her time before prison trying to start a family with her partner, her attorney Alexandra Shapiro told Hellerstein. 'If there is a chance for it to succeed. I want to give it to her,' the judge added. Her defense lawyers also noted that their client has faced a great deal of public scrutiny over her case that has turned her into, 'a household name' similar to that of well-known fraudster Elizabeth Holmes. In Javice's defense, her attorney Ronald Sullivan told the judge his client was not at all like Holmes, because she actually worked, adding that Holmes 'did not have a real company' and had a product that 'in fact endangered patients'.Holmes ran a company that falsely claimed to have developed revolutionary blood-testing technology. While pushing for a 12-year prison sentence for Javice, prosecutors turned to a 2022 text she sent to a colleague in which she said it was 'ridiculous' that Holmes would spend more than 11 years behind bars for her crimes. But the mention of Holmes did not work on Hellerstein, who said the issues at hand put, 'a 28-year-old versus 300 investment bankers from the largest bank in the world,' as Sullivan said. Javice donned an all-white pantsuit to court Monday as she learned her fate JPMorgan discovered the inflated number when it tried to contact Frank customers it believed was real. (Pictured: A snip from the company's website) Although the judge acknowledged Javice's fraud, he delivered a stinging rebuke against JPMorgan Chase and said the bank 'have a lot to blame themselves'.Still, Hellerstein said he was 'punishing her conduct and not JPMorgan's stupidity'.The major bank rushed to negotiations because they feared another would swoop in and take Javice's company first, according to Sullivan.But prosecutor Micah Fergenson argued that JPMorgan Chase didn't receive a 'functioning business' from her, and instead 'acquired a crime scene'.He added that Javice was only driven by money after she discovered she could make a lot of money for the sale of the business. 'Ms. Javice had it dangling in front of her and she lied to get it,' he added. When given a moment to speak, Javice said she was 'haunted' by her 'failure' and regrets that it 'has transformed something meaningful into something infamous.' She added that she, 'made a choice that I will spend my entire life regretting' before tearfully apologizing to, 'all the people touched or tarnished by my actions,' including Frank employees and investors, JPMorgan shareholders and her family. Javice is seen leaving federal court in July 2023 The bank eventually shuttered Frank, and CEO Jamie Dimon (pictured) called the acquisition a 'huge mistake' Frank's chief software engineer, Patrick Vovor, testified that Javice had asked him to generate synthetic data to support her claim over the amount of customers.Prosecutors said that Javice and her number two at the firm, Olivier Amar, who was also convicted, told Vovor it was legal.The duo reportedly said that they didn't want to end up in orange prison jumpsuits, Vovor testified that he refused to help them.Seeking to dent Vovor's credibility, defense lawyers suggested he was resentful that Javice didn't want to date him, which he denied.Prosecutors said the University of Pennsylvania’s Wharton School of Business graduate ended up paying a college friend $18,000 to create millions of fake names with pedigree information.The results were sent to JPMorgan's third-party data provider, but testimony showed that firm never checked to ensure the people were real. When given a moment to speak, Javice (pictured in August 2023) said she was 'haunted' by her 'failure' and regrets that it 'has transformed something meaningful into something infamous' The bank eventually shuttered Frank, and CEO Jamie Dimon called the acquisition a 'huge mistakeJavice and Amar were convicted on counts including conspiracy, bank fraud and wire fraud charges that are each punishable by up to 30 years in prison. The Daily Mail contacted Javice's attorneys and JPMorgan for comment.