Top Ad unit 728 × 90

Breaking News

random

Elizabeth Holmes prison delayed

featured image
  • News in Brief
  • Published:

    Nature Biotechnology

    volume 41page 587 (2023)Cite this article

    The disgraced founder of sham blood testing company Theranos is appealing a court ruling that requires her to report to prison as her case grinds through courts. Elizabeth Holmes was sentenced to 135 months in prison after being found guilty of three counts of wire fraud and one count of conspiracy in a US district court in San Jose, California, four years after the once high-flying Theranos was shuttered. Holmes’s attorneys appealed her conviction based on, among other things, purported errors made by the judge during the trial and an odd visit to Holmes’s residence by a prosecution witness after the trial. Her lawyers requested Holmes’ incarceration be postponed until after the appeal was decided, and her partner, Billy Evans, also requested the sentence be delayed to enable her to care for their two small children, both of whom were born after her indictment. But Judge Edward Davila, who oversaw the trial, denied the request, claiming that the issues raised are not sufficient to warrant overturning the conviction even if they have merit. Theranos’s former COO, Ramesh (Sunny) Balwani, who was found guilty of 12 counts of fraud, tried a similar tactic, but failed and is now serving 13 years in a California prison. Yet to be decided is the amount of money Holmes and Balwani must pay as restitution to defrauded investors. Prosecutors are asking for more than $800 million.

    This is a preview of subscription content, access via your institution

    Access options

    Access Nature and 54 other Nature Portfolio journals

    Get Nature+, our best-value online-access subscription

    $29.99 per month

    cancel any time

    Subscribe to this journal

    Receive 12 print issues and online access

    $209.00 per year

    only $17.42 per issue

    Rent or buy this article

    Get just this article for as long as you need it

    $39.95

    Prices may be subject to local taxes which are calculated during checkout

    About this article

    Verify currency and authenticity via CrossMark

    Cite this article

    Elizabeth Holmes prison delayed.
    Nat Biotechnol 41, 587 (2023). https://doi.org/10.1038/s41587-023-01802-y

    Download citation

    Read More

    Elizabeth Holmes prison delayed Reviewed by RP on May 17, 2023 Rating: 5

    No comments:

    Contact Form

    Name

    Email *

    Message *

    Powered by Blogger.