In this epic that was circulated in the media, V.I tv showAnd the documentariesand a It was heavily advertised for four monthsthe former founder of Theranos was Elizabeth Holmes sinner of fraud and conspiracy in January 2022.
Today, I sentenced the 38-year-old: 11.25 years, or 135 months, in prison.
Judge Edward Davila explained that Holmes’ acquittal on charges of harming patients helped her case, but her refusal to admit wrongdoing nonetheless hurt her, according to Wall Street Journal.
Holmes reportedly said, “They don’t put beautiful people like me in jail,” to a Walgreens representative Back in 2010according to the ruling brief filed by prosecutors about a week before Friday’s hearing.
In January, a San Jose jury convicted Holmes of four counts, including one count of conspiracy to commit wire fraud and three counts of wire fraud. She faced a maximum sentence of 20 years in prison plus a $250,000 fine for each count, plus damages.
Holmes was the CEO of the blood testing company Theranos, which claimed to be able to test for various diseases using a prick of a patient’s blood.
Holmes was charged alongside former Theranos boss Ramesh “Sunny” Balwani, and faced a total of 11 counts during her trial (two counts of conspiracy to commit wire fraud and nine counts of wire fraud) which saw prosecutors argue that she deceived investors by faking something Scientifically impossible. Four of the charges are outstanding. Of the other seven, Holmes was found not guilty on three counts of wire fraud and one count of conspiracy. The jury was unable to reach a unanimous verdict on the remaining three counts, which relate to wire fraud charges from December 2013.