Elizabeth Holmes Sentenced to 11 Years In Prison For Theranos Fraud
The Theranos founder is reportedly pregnant with her second child.Like Delvey, whose story was dramatized in Inventing Anna, Holmes got the Hollywood treatment. Oscar nominee Amanda Seyfried starred as Holmes in The Dropout, now available to stream on Hulu, and even earned an Emmy nomination for her portrayal. According to Hulu, the series explores “what caused the world’s youngest self-made female billionaire, once heralded as ‘the next Steve Jobs,’ to lose everything in the blink of an eye.
District Judge Edward Davila has proposed sentencing Theranos founder Elizabeth Holmes to a federal prison camp in Texas, according to court filings. “The Court finds that family visitation enhances rehabilitation,” Davila wrote in the filing, according to Bloomberg, which summarized the terms of Holmes’ sentencing. © Photo: Justin Sullivan (Getty Images) U.S. district judge proposes prison camp for Theranos founder Elizabeth Holmes
The prison camp is located in Bryan, Texas, and was proposed as an alternative to Holmes serving her 11-year 3-month sentence at a California prison. There’s a few prison camps like this one across the country that typically have a low security-to-inmate ratio, dormitory housing, and a work program. “...compared to other places in the prison system, this place is heaven. If you have to go it’s a good place to go.” Alan Ellis, a criminal defense lawyer, told Bloomberg.
Inside Elizabeth Holmes' Sentence: What's It Like to Be a Mom in Prison?
Pregnant with her second child, Theranos founder Elizabeth Holmes was sentenced to more than 11 years in federal prison last FridayElizabeth Holmes was sentenced to more than 11 years in prison last week, forcing the pregnant mother to be away from her children for a large portion of their childhoods.
Keri Axel, a criminal defense attorney told Yahoo! Finance that it is common for non-violent offenders like Holmes to serve out their time at minimum security facilities. “Sometimes they’re called ‘Camp Fed’ because they have a little bit more amenities, and they’re a little nicer places,” she said, adding the caveat, “they’re not great places. No one wants to be there.”
Although the judge has recommended the prison camp for Holmes’ incarceration, the U.S. Bureau of Prisons will make the final decision. Holmes was sentenced to 11 years and three months in prison on November 18 after she was found guilty of defrauding Theranos investors out of millions of dollars as part of her failed blood-testing startup. She was also sentenced to three years of supervision after her release.
Elizabeth Holmes faces judgment day for her Theranos crimes
A federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology. Holmes’ sentencing in the same San Jose, California, courtroom where she was convicted on four counts of investor fraud and conspiracy in January marks a climactic moment in a saga that has been dissected in an HBO documentary and an award-winning Hulu TV series about her meteoric rise and mortifying downfall. U.S.
Holmes’ team originally requested a sentencing of 18 months of supervised house arrest instead of the federal guidelines of 11 to 14 years behind bars.
“I am devastated by my failings,” Holmes said in court. “I have felt deep pain for what people went through because I failed them.” Holmes, who plans to appeal, has been ordered to surrender herself into custody by April 27, 2023.
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'Cat’s out of the bag': TSA finds cat in traveler's checked luggage, shares X-ray image .
A cat was found inside a Delta traveler's checked suitcase at John F. Kennedy International Airport, the Transportation Security Administration said. Your browser does not support this video The TSA confirmed its "hiss-toric find" on Twitter Tuesday. In an image shared by the agency, the cat's outline can be seen in an X-ray of the luggage. Another photo shows a tuft of orange fur peaking out of the suitcase's zipper.