NEW YORK – A top executive at a startup company that eased the process for college students applying for financial aid was sentenced Wednesday to over five years in prison for cheating JPMorgan Chase in a $175 million acquisition of the company four years ago.

The Manhattan federal court sentencing of Olivier Amar came a month after Charlie Javice , the founder of the startup known as Frank, was sentenced to seven years in prison.

In sentencing Amar to five years and eight months in prison, Judge Alvin K. Hellerstein said Amar was “intimately involved in the fraud,” including the creation of documents that falsely claimed the company had over 4 million young customers when it actually had fewer than 400,000.

“Although you were not the instigator of the fraud or the person who made th

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