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Elizabeth Holmes Sentenced For 11 Years

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According to John Carreyrou, Elizabeth Holmes was sentenced to 135 months or under 11 years in prison.

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According to Alexis Keenan, Yahoo Finance, Holmes must report to jail by April 27, 2023.

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She will also receive three years of supervised freedom once she is out.

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The case was overseen by Judge Edward Davila, who declared her guilty of defrauding ten victims of $121 Million. 

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Erin Griffith, The New York Times, reported that Holmes had been found guilty. 

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According to The Wall Street Journal, Davila stated that Holmes' refusal to accept responsibility for the fraud was a factor in his sentencing decision.

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Holmes was found guilty earlier this year of three wire fraud charges and one conspiracy to commit wire fraud. 

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Prosecutors asked for 15 years imprisonment and more than $800,000,000 in damages to Holmes, the ex-CEO of Theranos. 

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According to the WSJ, Holmes' actions placed patients in danger on the day of her trial.

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