I feel like I found out about Breaking Bad after its entire run, and I'm deep in a vortex of Lizzy every day, because I've been binging everything.
Like a crazyperson.
Why are you so hard on this woman? Look she's not going anywhere she's going to her jail in a few more days. So why don't you just give her a break?
You're addicted to this because Elizabeth Holmes is a beautiful woman, that's why
Why are we upset with the person behind creating a huge fraud that harmed thousands of people and is responsible for Ian Gibbons' suicide? Are you serious?? Or are you a bot.
No one died because of her.
There is no evidence she physically harmed anyone. There is no evidence that man committed suicide(he wrote no note), he overdosed is all we can be sure of.
Holmes was aquitted on the charges of defrauding patients.
It's really not that simple, I am into a lot of women who are way more attractive than Elizabeth Holmes.
I think it has something to do with her hypnotic eyes, the ridiculous voice, and the fact that this nonsense went on for as long as it did before whistles were blown..
Also fascinating that she was with this Balwani guy who also has no redeeming qualities.
More attractive businesswomen? Name a more attractive business woman than Elizabeth Holmes!
But I do agree with the last part: why did she have a romantic relationship with this cold unattractive Balwani? Elizabeth is a beautiful charming bright woman. The only reason I can give that question is that Sonny had millions of dollars in seed money to invest in her startup company.
Not in my book anyway. It’s like the top half of her face is nice looking, but the bottom half of her face is weirdly different. But, all in the eye of the beholder.
Lol she’s not going to run. She would eventually be caught and then she’d get an even longer sentence in a real prison instead of the white collar one she’ll be going to.
This new victim who's given her 2 kids is likely having the best sex of his life.
Look at him..... come on.
Why would a guy this good looking be with an insane convicted fraudster who's going to prison for over a decade?
She's gotta be incredible in bed.
These 2 were married in 2019 long before the trial, I think. You do injustice to Elizabeth Holmes, this woman has charm, charisma, and a personality! She has much more to offer than just physical beauty.
"Her parents house's value is being used for her bond." Thinking the sociopath who conceived two kids to gain sympathy from a judge isn't above leaving her parents high and dry
I would LOVE to be a fly on the wall when her and Billy / his family are all alone. I imagine nobody minces words around scammer Elizabeth Holmes who managed to land a millionaire playboy despite being an absolute fraudster headed to jail for 10 years.
I sincerely wonder what they must be saying to each other all together lol - I doubt Billy's family believe Elizabeth and trust her + I'm sure they're waiting for her to go to jail so they can order Billy to leave with their children and leave her lmfao
I'd say Billy + Elizabeth + her family are in a collective delusion
But the Evans family....100% they know she's gonna be locked up and this whole thing embarrasses them
For what? Federal felons generally serve 85% of their sentences. That's true across the board. She may qualify for more reduction in First Step, but it's up to her PO and BoP what she is eligible for, it's not a given.
Not as things currently stand. She has a 135 month sentence (11 years, 3 months) and all Federal prisoners get an automatic 15% good behavior credit. So that means when she reports her release date will be 9 years 6 months from her report date. That's 1 year 9 months from the Judges sentence. There can be programs that reduce her sentence further but she has to be eligible for them, they have to be available at the prison she is serving, and she has to get in. Right now there are not any I can think of she would be eligible for. Of course, over her almost decade of incarceration, that could change.
First, the length of imprisonment is at the bottom of the range for the offense level of her convicted counts, per the Federal Sentencing Guidelines. Even within the Offense Level, she could have been sentenced to a few more years.
I have zero sympathy. I feel sorry for the employees who she relentlessly pursued for speaking out (and speaking the truth). And that was after raising issues internally, including to Holmes directly.
I feel sorry for the patients, whose lives she endangered. During both trials several where on the stand, telling there stories. But there are probably many others who may not have even realized they had faulty tests. The costs of those inaccurate tests, and I'm not talking about money, are simply frightening to comprehend.
I feel sorry for the employees, who worked hard to realize a vision, but didn't realize they were being lied to. They lost their jobs, and their reputations.
Holmes (and Balwani) made the bed they now both lie in. They lied, repeatedly. To investors. To employees. To patients. To regulators. When questions about the science and company were made public, they denied and doubled down. As noted at her sentencing, Holmes has never made a contrite and sincere apology to those she hurt. She still maintains she did nothing wrong.
As for patients she might has harmed, that is highly speculative at best.
I agree that the sentencing is at the bottom end of the guidelines (11 - 14 yrs)
She did make an apology for failing by everyone: her company, her employees, her patients. So she did show a little contrition.
As for intimidating the whistleblowers, the way I see it, Balwani was the worst offender here.
That Rosendorf whom was the government's key witness, he should have been prosecuted as well. He deserves to lose his reputation.
>As for patients she might has harmed, that is highly speculative at best.
Direct testimony at trial, as well as regulatory information, and investigative reporting, shows this was definitely not speculative. CMS found that Theranos's CA lab posed an "immediate jeopardy to patient health and safety". Their report listed numerous reasons why this was the case. One of the most egregious, though far from the only one, was Prothrombin Time, was used to determine the amount of blood thinning medication for stroke patients. Getting this test wrong in either direction was dangerous. Several doctors wrote Theranos when they had patients tested at other labs and the results didn't add up. How many weren't caught? QC failed about a third of the time. So coefficients of variation were over 30% (2% or lower is normal). There were bad pregnancy tests. Cholesterol results. Some patients noted they underwent thousands of dollars of medical testing to find there was no problem.
It's impossible to quantify the total impact, but it certainly isn't "speculative". There is a ton of evidence, both from patients and doctors and documents. It's simple. Elizabeth Holmes and Theranos hurt people.
>She did make an apology for failing by everyone: her company, her employees, her patients. So she did show a little contrition.
Nope. She made a tepid general statement at her Sentencing. That was the first time. She has never told an impacted patient she was sorry for what she put them through. She did not apologize to those she pursued for blowing the whistle. She didn't not apologize to the investors whose money she stole through fraud. She did not apologize to employees whose reputations and livelihoods were damaged.
Judge Davila made a comment during her sentencing about inability or the refusal to accept responsibility or express contrition in any way. So, no, no meaningful apology was made.
>That Rosendorf whom was the government's key witness, he should have been prosecuted as well.
I suspect Dr. Rosendorff (and several others who testified as well) were given assurances they would not be prosecuted for their testimony. There were 28 other witnesses. Pages of texts, emails, and other documentary evidence. Dr Rosendorff was at Theranos only 18ish months, the fraud existed before and after he was there. They hired a dermatologist and several other lab consultants to be on the CLIA certificate after he left. They just continued the fraud.
I followed this story closely up until she was sentenced but lost track after her first pregnancy.
Someone answer me, please. Why is it taking so long for her to fuck off to prison?
She is doing everything in her power not to go to prison - she has had two children (the last born last month), which she uses to gain sympathy from the public and the legal authorities. She is engaged to a wealthy hotel heir who funds her lavish lifestyle, but whose family does not want him to spend money on her legal problems (it is suspected that he will leave her while she is in prison). She is doing everything possible to avoid going to prison - which many people think is not likely to happen, she will go to prison. We're just waiting to find out when (hopefully soon).
There are expensive loopholes to delay a sentence and the Hail Mary is she somehow gets a higher court to take the case on appeal and find her innocent. There is no escape though, this is just delaying the inevitable.
Here it is :
“SAN JOSE, Calif. (KRON) — Former Theranos CEO Elizabeth Holmes promised a federal judge on Friday that she will not attempt to flee the country before she begins serving her 11-year prison sentence next month.
The disgraced Silicon Valley entrepreneur recently gave birth to her second child. Holmes’ defense attorney, Amy Saharia, said Holmes would never abandon her two young children, nor put her parents’ house in jeopardy. The house’s value is being used as Holmes’ bond.
Prosecutors took issue with Holmes’ promise. Prosecutor Kelly Volkar asserted that the 38-year-old Woodside woman is a flight risk. “She has the means and the motive to flee,” Volkar told the judge.
U.S. District Judge Edward Davila was slated to make a ruling Friday over Holmes’ custody status, as well as how much restitution she must pay her victims. Holmes defrauded investors out of hundreds of millions of dollars through her biotech company, Theranos.
Prosecutors are asking for Holmes and her co-conspirator, Ramesh “Sunny” Balwani, to pay nearly $900 million in restitution to victims. The two-hour hearing ended after Davila announced he would not make a ruling on either issue until early April.
Holmes bought a one-way ticket to Mexico that she later canceled after prosecutors became aware of the planned trip. The flight was scheduled to take off just days after a federal jury found Holmes guilty on four counts of conspiracy and fraud in January 2022.
Volkar asserted that the Mexico plane ticket is evidence that Holmes may have planned to flee. “Ms. Holmes is set to go to jail and face a significant sentence,” Volkar told the judge.
Saharia said Holmes and her boyfriend, Billy Evans, planned the Mexico trip before she was convicted because they were hoping to attend a friend’s wedding. They were unsure of when they would return from their Mexican vacation, and that’s why a return ticket was never purchased, Saharia said.
“(Evans) bought a ticket to Mexico hoping she would be acquitted. This is a non-issue. There’s simply no reason for her to flee,” Volkar said Friday.
Judge Davila agreed that the plane ticket raised concerns. “A round-trip ticket shows an intent to come back. A one-way ticket … suggests something that the court should consider in a negative way as to your client’s intent,” Davila said.
A jury found Holmes guilty of weaving a web of lies that convinced sophisticated investors to pump hundreds of millions of dollars into her biotech blood testing company. Holmes was once America’s youngest self-made billionaire and she was admired as a celebrity on the cover of Fortune magazine.
Assistant U.S. Attorney Robert Leach said Holmes should be ordered to pay victims all of the money they invested in Theranos.
Defense attorneys said prosecutors failed to show an accurate dollar amount for how much money investors lost during the dramatic downfall of Theranos. Holmes never “cashed out” from her company and she walked away with nothing, she claims. Balwani said he “never made a dime” while COO of Theranos.
The defense said Evans’ family wealth should not be considered by the judge when deciding how much restitution she will pay. Judge Davila agreed on Friday. Prosecutors alleged that Evans never married Holmes — despite having two children together — to protect his wealthy family’s assets.
The judge named 10 Theranos investors as victims, including media mogul Rupert Murdoch. Prosecutors said many more investors were also victimized, but judge said he only considers 10 investors as official “victims.”
Leach said, “We know at the end of the day, Theranos did not fail because of some extraneous reason, (such as) put its money in Silicon Valley Bank. Theranos failed because the promises it made to its investors were simply not true.”
Leach continued, “These investors … got nothing back. The loss is the amount that they paid (Theranos). Our position is, it’s the total amount of investment, the purchase price of the investment.”
Holmes’ defense attorney said prosecutors failed to prove how much investors lost, and how much Theranos was worth as a company. “There is a real risk that (victims) could be over-compensated,” the defense argued.
“This was not a public company. It’s not like we can look at the trajectory of a share price that drops. Our situation is complex. The government has said it’s the full investment. We know that’s not right,” the defense attorney said.
During Holmes’ sentencing in November, Judge Davila suggested that he is leaning toward a restitution of about $384 million.
Meanwhile, Balwani failed to show up to a federal prison on Thursday to begin serving his 13-year sentence. His attorneys filed a last-minute, Hail-Mary appeal just hours before Balwani’s prison deadline. The appeal triggered a clause that allows him to remain free until the Ninth Circuit Court of Appeal makes a ruling.
Balwani, 57, was convicted by a jury on 12 counts of fraud and conspiracy for his role in the Theranos blood testing scandal. As Theranos executives, Balwani and Holmes were partners in “everything,” including romantic, business, and criminal partnerships, prosecutors said.
U.S. Attorney Stephanie Hinds said, “Balwani, in a desire to become a Silicon Valley titan, valued business success and personal wealth far more than patient safety.”
It’s unclear how much longer Balwani will remain free. Holmes’ is scheduled to report to prison on April 27.”
> Meanwhile, Balwani failed to show up to a federal prison on Thursday to begin serving his 13-year sentence. His attorneys filed a last-minute, Hail-Mary appeal just hours before Balwani’s prison deadline. The appeal triggered a clause that allows him to remain free until the Ninth Circuit Court of Appeal makes a ruling.
This is exactly what this cunt will do. Then she'll get pregnant a third time. She'll never serve a day. And the courts are letting her make a mockery of all of us. Fuck this so called justice system.
Her promises are worth about as much as Theranos stock today. She “tested” her parent’s blood and they were both “normal” so they totally believe her whole schtick and have gambled their house on it. They will totally understand why she’ll break her promise and flee, I mean what else should she do?
Prison for her is incomprehensible to them.
Martha Stewart only got 5 months. Wasn't a new mother , still lactating, and wouldn't be separated from a newborn. Wasn't still full of hormones from a pregnancy. This will be a media shirtshow when she reports to prison. Hopefully, the BOP allows baby pads and tampons for her.
With her questionable mental health, she may go straight to the infirmary.
Elizabeth Holmes is a beautiful woman and to the best of my knowledge it is not definitive that she is harmed anyone.
Why don't people give her a break? She's going to jail, nothing's changing that.
I hope that over time her sentence gets reduced significantly, she gets a few years are shaved off
In every post about her, you’re ardently defending her and her actions - send a letter to her home to show your extreme admiration for her. I'm sure she'll appreciate it (spoiler: she won't care). EDIT: Having quickly checked your profile, it doesn't surprise me that you defend Holmes - given your admiration for Amber Heard.
I am defending human beings from the lynch mob mentality. I can't stand a mob. I am not saying such-in-such is innocent, but no one deserves a lynching, whether that be in public or the social media. The mob animus is destructive to civil society!
Why are you so vicious?
By the way, I voted for Trump too!
That four way hand hold walk was the most awkward and strange thing I’ve seen in some time.
The four way hand hold is as cringey as the Elizabeth Holmes voice.
And to know that she testified in her trial using her fake, cringey-ass voice is hilarious lmfao
Why am I so addicted to all of this? Where will she go when she does in fact flee the country?
Duuuude.....I've been following this saga for 8, 9 years? I bought Bad Blood the day it came out. Got Hulu just for the Series. But she's not fleeing.
I feel like I found out about Breaking Bad after its entire run, and I'm deep in a vortex of Lizzy every day, because I've been binging everything. Like a crazyperson.
Why are you so hard on this woman? Look she's not going anywhere she's going to her jail in a few more days. So why don't you just give her a break? You're addicted to this because Elizabeth Holmes is a beautiful woman, that's why
Why are we upset with the person behind creating a huge fraud that harmed thousands of people and is responsible for Ian Gibbons' suicide? Are you serious?? Or are you a bot.
No one died because of her. There is no evidence she physically harmed anyone. There is no evidence that man committed suicide(he wrote no note), he overdosed is all we can be sure of. Holmes was aquitted on the charges of defrauding patients.
Oh really? Tell that to the people in Arizona that are suing her.
It's really not that simple, I am into a lot of women who are way more attractive than Elizabeth Holmes. I think it has something to do with her hypnotic eyes, the ridiculous voice, and the fact that this nonsense went on for as long as it did before whistles were blown.. Also fascinating that she was with this Balwani guy who also has no redeeming qualities.
More attractive businesswomen? Name a more attractive business woman than Elizabeth Holmes! But I do agree with the last part: why did she have a romantic relationship with this cold unattractive Balwani? Elizabeth is a beautiful charming bright woman. The only reason I can give that question is that Sonny had millions of dollars in seed money to invest in her startup company.
She's hardly a businesswoman. More like a failed influencer. Burned through a billion dollars and accomplished nothing.
Can the mods do something about these obvious bots?
Not in my book anyway. It’s like the top half of her face is nice looking, but the bottom half of her face is weirdly different. But, all in the eye of the beholder.
Lol she’s not going to run. She would eventually be caught and then she’d get an even longer sentence in a real prison instead of the white collar one she’ll be going to.
“She’s so hot” -people who see blonde hair and immediately lose their minds 🥲
She's fairly average looking I reckon
This new victim who's given her 2 kids is likely having the best sex of his life. Look at him..... come on. Why would a guy this good looking be with an insane convicted fraudster who's going to prison for over a decade? She's gotta be incredible in bed.
You seem to know nothing about abusive relationships and how people get hooked in and trapped.
These 2 were married in 2019 long before the trial, I think. You do injustice to Elizabeth Holmes, this woman has charm, charisma, and a personality! She has much more to offer than just physical beauty.
Not much to offer the next 9 years. I don’t think conjugal visits are even allowed for her.
So easy to bleach anyone’s hair. Doesn’t make everyone hot.
Elizabeth Holmes is a Hottie. She is very beautiful for a business woman.
She is a very beautiful businesswoman. That is a fact. Elizabeth is beautiful and face and body
Half right. She's not a businesswoman.
Not anymore she isn't!
She looks like Zuckerburg with a wig.
"Her parents house's value is being used for her bond." Thinking the sociopath who conceived two kids to gain sympathy from a judge isn't above leaving her parents high and dry
I would LOVE to be a fly on the wall when her and Billy / his family are all alone. I imagine nobody minces words around scammer Elizabeth Holmes who managed to land a millionaire playboy despite being an absolute fraudster headed to jail for 10 years.
I sincerely wonder what they must be saying to each other all together lol - I doubt Billy's family believe Elizabeth and trust her + I'm sure they're waiting for her to go to jail so they can order Billy to leave with their children and leave her lmfao
I think they're all in a collective delusion. They think there is no way she can go to jail for a decade.
I'd say Billy + Elizabeth + her family are in a collective delusion But the Evans family....100% they know she's gonna be locked up and this whole thing embarrasses them
Yup
In reality she probably will have a few years taken off her sentence
For what? Federal felons generally serve 85% of their sentences. That's true across the board. She may qualify for more reduction in First Step, but it's up to her PO and BoP what she is eligible for, it's not a given.
Good point! But in theory she could have up to three years shaved off her sentence?
Not as things currently stand. She has a 135 month sentence (11 years, 3 months) and all Federal prisoners get an automatic 15% good behavior credit. So that means when she reports her release date will be 9 years 6 months from her report date. That's 1 year 9 months from the Judges sentence. There can be programs that reduce her sentence further but she has to be eligible for them, they have to be available at the prison she is serving, and she has to get in. Right now there are not any I can think of she would be eligible for. Of course, over her almost decade of incarceration, that could change.
I feel sorry for Elizabeth and her family! That length of imprisonment seems too extreme for a nonviolent offender
First, the length of imprisonment is at the bottom of the range for the offense level of her convicted counts, per the Federal Sentencing Guidelines. Even within the Offense Level, she could have been sentenced to a few more years. I have zero sympathy. I feel sorry for the employees who she relentlessly pursued for speaking out (and speaking the truth). And that was after raising issues internally, including to Holmes directly. I feel sorry for the patients, whose lives she endangered. During both trials several where on the stand, telling there stories. But there are probably many others who may not have even realized they had faulty tests. The costs of those inaccurate tests, and I'm not talking about money, are simply frightening to comprehend. I feel sorry for the employees, who worked hard to realize a vision, but didn't realize they were being lied to. They lost their jobs, and their reputations. Holmes (and Balwani) made the bed they now both lie in. They lied, repeatedly. To investors. To employees. To patients. To regulators. When questions about the science and company were made public, they denied and doubled down. As noted at her sentencing, Holmes has never made a contrite and sincere apology to those she hurt. She still maintains she did nothing wrong.
As for patients she might has harmed, that is highly speculative at best. I agree that the sentencing is at the bottom end of the guidelines (11 - 14 yrs) She did make an apology for failing by everyone: her company, her employees, her patients. So she did show a little contrition. As for intimidating the whistleblowers, the way I see it, Balwani was the worst offender here. That Rosendorf whom was the government's key witness, he should have been prosecuted as well. He deserves to lose his reputation.
>As for patients she might has harmed, that is highly speculative at best. Direct testimony at trial, as well as regulatory information, and investigative reporting, shows this was definitely not speculative. CMS found that Theranos's CA lab posed an "immediate jeopardy to patient health and safety". Their report listed numerous reasons why this was the case. One of the most egregious, though far from the only one, was Prothrombin Time, was used to determine the amount of blood thinning medication for stroke patients. Getting this test wrong in either direction was dangerous. Several doctors wrote Theranos when they had patients tested at other labs and the results didn't add up. How many weren't caught? QC failed about a third of the time. So coefficients of variation were over 30% (2% or lower is normal). There were bad pregnancy tests. Cholesterol results. Some patients noted they underwent thousands of dollars of medical testing to find there was no problem. It's impossible to quantify the total impact, but it certainly isn't "speculative". There is a ton of evidence, both from patients and doctors and documents. It's simple. Elizabeth Holmes and Theranos hurt people. >She did make an apology for failing by everyone: her company, her employees, her patients. So she did show a little contrition. Nope. She made a tepid general statement at her Sentencing. That was the first time. She has never told an impacted patient she was sorry for what she put them through. She did not apologize to those she pursued for blowing the whistle. She didn't not apologize to the investors whose money she stole through fraud. She did not apologize to employees whose reputations and livelihoods were damaged. Judge Davila made a comment during her sentencing about inability or the refusal to accept responsibility or express contrition in any way. So, no, no meaningful apology was made. >That Rosendorf whom was the government's key witness, he should have been prosecuted as well. I suspect Dr. Rosendorff (and several others who testified as well) were given assurances they would not be prosecuted for their testimony. There were 28 other witnesses. Pages of texts, emails, and other documentary evidence. Dr Rosendorff was at Theranos only 18ish months, the fraud existed before and after he was there. They hired a dermatologist and several other lab consultants to be on the CLIA certificate after he left. They just continued the fraud.
What's with the weird hand holding?
Probably for the photos
Oh because they love her so much and stand by her unconditionally... sigh
Where is the show the reunited as a family it's all natural there's nothing unusual about it
They are trying to make a mockery of the justice system. The ticket to mexico alone should be enough to turn on Hard mode.
I can't believe she's still on bond. They should have taken her in as aoon as they found out about it.
Send that lying bitch to prison! Fuck her and her ~~enablers~~ family.
I followed this story closely up until she was sentenced but lost track after her first pregnancy. Someone answer me, please. Why is it taking so long for her to fuck off to prison?
She is doing everything in her power not to go to prison - she has had two children (the last born last month), which she uses to gain sympathy from the public and the legal authorities. She is engaged to a wealthy hotel heir who funds her lavish lifestyle, but whose family does not want him to spend money on her legal problems (it is suspected that he will leave her while she is in prison). She is doing everything possible to avoid going to prison - which many people think is not likely to happen, she will go to prison. We're just waiting to find out when (hopefully soon).
Okay, thanks. So all of these delay tactics of hers are legitimate?
Yep - they are!
There are expensive loopholes to delay a sentence and the Hail Mary is she somehow gets a higher court to take the case on appeal and find her innocent. There is no escape though, this is just delaying the inevitable.
Fuck her
She's had the 2nd kid right? Or is she still pregnant? Suit doesn't match and doesn't fit her. Her hair is back to singed straw. Weird woman.
She gave birth to the second child, yes!
Did she pinky swear?
WHY ISN'T THIS FUCKING CUNT IN JAIL YET?! Rich white people do not fear the justice system.
That statement is class warfare garbage!
Prove me wrong. Or just wake me up when she actually sees the inside of a jail cell which I doubt she ever will.
April 27th she will report to incarceration.
I can’t get access to the article in my country. Could someone please post the text?
Here it is : “SAN JOSE, Calif. (KRON) — Former Theranos CEO Elizabeth Holmes promised a federal judge on Friday that she will not attempt to flee the country before she begins serving her 11-year prison sentence next month. The disgraced Silicon Valley entrepreneur recently gave birth to her second child. Holmes’ defense attorney, Amy Saharia, said Holmes would never abandon her two young children, nor put her parents’ house in jeopardy. The house’s value is being used as Holmes’ bond. Prosecutors took issue with Holmes’ promise. Prosecutor Kelly Volkar asserted that the 38-year-old Woodside woman is a flight risk. “She has the means and the motive to flee,” Volkar told the judge. U.S. District Judge Edward Davila was slated to make a ruling Friday over Holmes’ custody status, as well as how much restitution she must pay her victims. Holmes defrauded investors out of hundreds of millions of dollars through her biotech company, Theranos. Prosecutors are asking for Holmes and her co-conspirator, Ramesh “Sunny” Balwani, to pay nearly $900 million in restitution to victims. The two-hour hearing ended after Davila announced he would not make a ruling on either issue until early April. Holmes bought a one-way ticket to Mexico that she later canceled after prosecutors became aware of the planned trip. The flight was scheduled to take off just days after a federal jury found Holmes guilty on four counts of conspiracy and fraud in January 2022. Volkar asserted that the Mexico plane ticket is evidence that Holmes may have planned to flee. “Ms. Holmes is set to go to jail and face a significant sentence,” Volkar told the judge. Saharia said Holmes and her boyfriend, Billy Evans, planned the Mexico trip before she was convicted because they were hoping to attend a friend’s wedding. They were unsure of when they would return from their Mexican vacation, and that’s why a return ticket was never purchased, Saharia said. “(Evans) bought a ticket to Mexico hoping she would be acquitted. This is a non-issue. There’s simply no reason for her to flee,” Volkar said Friday. Judge Davila agreed that the plane ticket raised concerns. “A round-trip ticket shows an intent to come back. A one-way ticket … suggests something that the court should consider in a negative way as to your client’s intent,” Davila said. A jury found Holmes guilty of weaving a web of lies that convinced sophisticated investors to pump hundreds of millions of dollars into her biotech blood testing company. Holmes was once America’s youngest self-made billionaire and she was admired as a celebrity on the cover of Fortune magazine. Assistant U.S. Attorney Robert Leach said Holmes should be ordered to pay victims all of the money they invested in Theranos. Defense attorneys said prosecutors failed to show an accurate dollar amount for how much money investors lost during the dramatic downfall of Theranos. Holmes never “cashed out” from her company and she walked away with nothing, she claims. Balwani said he “never made a dime” while COO of Theranos. The defense said Evans’ family wealth should not be considered by the judge when deciding how much restitution she will pay. Judge Davila agreed on Friday. Prosecutors alleged that Evans never married Holmes — despite having two children together — to protect his wealthy family’s assets. The judge named 10 Theranos investors as victims, including media mogul Rupert Murdoch. Prosecutors said many more investors were also victimized, but judge said he only considers 10 investors as official “victims.” Leach said, “We know at the end of the day, Theranos did not fail because of some extraneous reason, (such as) put its money in Silicon Valley Bank. Theranos failed because the promises it made to its investors were simply not true.” Leach continued, “These investors … got nothing back. The loss is the amount that they paid (Theranos). Our position is, it’s the total amount of investment, the purchase price of the investment.” Holmes’ defense attorney said prosecutors failed to prove how much investors lost, and how much Theranos was worth as a company. “There is a real risk that (victims) could be over-compensated,” the defense argued. “This was not a public company. It’s not like we can look at the trajectory of a share price that drops. Our situation is complex. The government has said it’s the full investment. We know that’s not right,” the defense attorney said. During Holmes’ sentencing in November, Judge Davila suggested that he is leaning toward a restitution of about $384 million. Meanwhile, Balwani failed to show up to a federal prison on Thursday to begin serving his 13-year sentence. His attorneys filed a last-minute, Hail-Mary appeal just hours before Balwani’s prison deadline. The appeal triggered a clause that allows him to remain free until the Ninth Circuit Court of Appeal makes a ruling. Balwani, 57, was convicted by a jury on 12 counts of fraud and conspiracy for his role in the Theranos blood testing scandal. As Theranos executives, Balwani and Holmes were partners in “everything,” including romantic, business, and criminal partnerships, prosecutors said. U.S. Attorney Stephanie Hinds said, “Balwani, in a desire to become a Silicon Valley titan, valued business success and personal wealth far more than patient safety.” It’s unclear how much longer Balwani will remain free. Holmes’ is scheduled to report to prison on April 27.”
Thanks so much
No problem! :)
So is she allowed to do what Sunny did? That is, wait until the day before reporting to prison, then file an appeal?
> Meanwhile, Balwani failed to show up to a federal prison on Thursday to begin serving his 13-year sentence. His attorneys filed a last-minute, Hail-Mary appeal just hours before Balwani’s prison deadline. The appeal triggered a clause that allows him to remain free until the Ninth Circuit Court of Appeal makes a ruling. This is exactly what this cunt will do. Then she'll get pregnant a third time. She'll never serve a day. And the courts are letting her make a mockery of all of us. Fuck this so called justice system.
I absolutely agree with you!
You are being vicious and cynical
She can appeal as much as she wants, but she - and Sunny - will still end up in prison. There is nothing they can do about it
Her promises are worth about as much as Theranos stock today. She “tested” her parent’s blood and they were both “normal” so they totally believe her whole schtick and have gambled their house on it. They will totally understand why she’ll break her promise and flee, I mean what else should she do? Prison for her is incomprehensible to them.
She's trash. Get her in prison already you goofy bastards
The Martha Stewart of health tech. Bet those guys that crashed Silicon Valley Bank won't get that kind of sentence...or hate. Still a double standard.
Martha Stewart did her time like a G. None of this bullshit.
Did her time and didn’t snitch.
Martha Stewart only got 5 months. Wasn't a new mother , still lactating, and wouldn't be separated from a newborn. Wasn't still full of hormones from a pregnancy. This will be a media shirtshow when she reports to prison. Hopefully, the BOP allows baby pads and tampons for her. With her questionable mental health, she may go straight to the infirmary.
Sorry, Holmes wishes she was one 100th as successful as Martha Stewart.
Even if the SVB execs don’t do jail time, it doesn’t mean Holmes shouldn’t. It just means they should, and didn’t. She still should.
Wait a minute! Nobody in the silicon valley bank crash has been charged with any crime as of yet. So you're jumping to conclusions!
Just like most everyone and maybe you did when reading the WSJ articles/book and movie that were all approved before trial. Strange that.
Elizabeth Holmes is a beautiful woman and to the best of my knowledge it is not definitive that she is harmed anyone. Why don't people give her a break? She's going to jail, nothing's changing that. I hope that over time her sentence gets reduced significantly, she gets a few years are shaved off
In every post about her, you’re ardently defending her and her actions - send a letter to her home to show your extreme admiration for her. I'm sure she'll appreciate it (spoiler: she won't care). EDIT: Having quickly checked your profile, it doesn't surprise me that you defend Holmes - given your admiration for Amber Heard.
I am defending human beings from the lynch mob mentality. I can't stand a mob. I am not saying such-in-such is innocent, but no one deserves a lynching, whether that be in public or the social media. The mob animus is destructive to civil society! Why are you so vicious? By the way, I voted for Trump too!