FOLLOW US: @theinsaneapp
According to John Carreyrou, Elizabeth Holmes was sentenced to 135 months or under 11 years in prison.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
According to Alexis Keenan, Yahoo Finance, Holmes must report to jail by April 27, 2023.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
She will also receive three years of supervised freedom once she is out.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
The case was overseen by Judge Edward Davila, who declared her guilty of defrauding ten victims of $121 Million.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
Erin Griffith, The New York Times, reported that Holmes had been found guilty.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
According to The Wall Street Journal, Davila stated that Holmes' refusal to accept responsibility for the fraud was a factor in his sentencing decision.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
Holmes was found guilty earlier this year of three wire fraud charges and one conspiracy to commit wire fraud.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
Prosecutors asked for 15 years imprisonment and more than $800,000,000 in damages to Holmes, the ex-CEO of Theranos.
Twitter | Insatagram | Facebook
FOLLOW US: @theinsaneapp
According to the WSJ, Holmes' actions placed patients in danger on the day of her trial.
Twitter | Insatagram | Facebook