Justice Served: Elizabeth Holmes’ Prison Date Set, Appeals Rejected

Justice Served Elizabeth Holmes Prison Date Set Appeals Rejected

Elizabeth Holmes The Founder Of Theranos Has Been Ordered To Report To Prison By May 30 After Her Request To Remain Free On Bail Was Denied

Judge Edward Davila Who Presided Over Her Trial Issued The Order For Holmes To Begin Serving Her 11Year Sentence For Defrauding Investors

Holmes Had Filed A Lastminute Appeal With The Ninth Circuit Court Of Appeals Seeking To Avoid Commencing Her Prison Term While She Contested Her Conviction However Her Request Was Denied

Holmes Attorneys Requested A New Surrender Date Of May 30 Citing The Need For Medical And Childcare Arrangements Which The Judge Agreed To

Both Holmes And Her Exboyfriend And Former Theranos Coo Ramesh Sunny Balwani Have Been Ordered To Pay Roughly 452 Million In Restitution To Victims Of Their Crimes

Holmes Dropped Out Of Stanford At A Young Age To Focus On Theranos A Bloodtesting Startup That Claimed To Have Revolutionary Technology But Was Later Revealed To Be Fraudulent

The Company Faced Scrutiny After A Wall Street Journal Investigation Exposed Its Lack Of Reliable Testing And Reliance On Thirdparty Devices

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