Elizabeth Holmes Is Going To Federal Prison

FOX News:

SAN JOSE, Calif. - A federal judge has ruled that disgraced Theranos founder Elizabeth Holmes must report to the federal Bureau of Prisons and begin serving her sentence while the appeal of her fraud convictions is pending.

In his ruling late Monday, U.S. District Court Judge Edward Davila said he found Holmes was not a flight risk or danger to the community.

But in his ruling, Davila found that Holmes' arguments for appeal wouldn't likely result in a reversal of the jury’s three fraud and one conspiracy convictions.

Holmes was previously ordered to self-surrender into federal custody on April 27. She could still file a last-minute appeal with the Ninth Circuit, but that would likely only buy her a few more weeks of freedom if that appeal is denied.

A jury convicted Holmes, 39, in January 2022 of four counts, including defrauding investors in her now-defunct Palo Alto startup through false statements about her company.

Davila sentenced her in November, while she was pregnant with her second child. In December, Holmes appealed her conviction and sentence, noting in a court filing that she was convicted only of defrauding investors, and claiming that the court record "is teeming with issues for appeal."

Holmes also asked Davila to delay her prison sentence until the appeal finishes, which could take a year or longer.

Prosecutors opposed that request, arguing Holmes poses a flight risk and claiming she had tried to flee the country on a one-way ticket to Mexico after her conviction.

Holmes' attorneys denied that, saying her two children — one born in the past few months, and a son born in July 2021— as among the reasons she would not take off.

Davila has recommended she serve her more than 11-year sentence at a minimum-security facility in Bryan, Texas, but federal prison authorities have the final say on where she will serve he sentence.

[amiethesdrealtor]

thank you for the update you are a smart man

[ralphtommaso]

They couldn't let her off. Too many powerful people lost money. SVB showed us that the VC community is well protected

[mofro]

She hustled already sick people that's sick

[ArsenNikiforouk]

Positive mindset must be key in a situation like this. Nothing like experience to teach us how to overcome things

[stephaniemannina]

Good!!! She is a evil person. She destroyed so many lives.

[mastadon]

And yet, she still isn't in prison.

[lss]

Hope she suffers!!! RIP Ian Gibbons.... who's suicide she is responsible for

[RossSmith-oz]

You can't appeal on a appeal and especially after a ruling the judge was paid and her still being free is criminal in itself this country justice system should be ashamed

[jf]

she will get one last deferral until prison - like her ex

[pearlsr]

Can you please tell us if she's actually going to prison???

[redmed]

She's had a 2 year reduction in her sentence after only serving a few months. At this rate she'll be out by end of the year.

[internetpolification]

She can (and almost undoubtedly will) appeal against the ruling that she must go to jail pending her appeal against her convictions. This will buy her some time, even if not eventually successful. If she loses this appeal about being required to be jailed pending the appeal against her convictions, then she can do as Sunny Balwani did and ask for more time to get her affairs in order. This would again buy a little more time of liberty.

I doubt she will succeed in overturning the requirement to go to jail whilst she appeals against her convictions. I doubt she will win THAT appeal either

[RossSmith-oz]

What do you guys say now she will never see a day behind bars this whole thing is disgraceful and are justice system should be fucking ashamed

[budb.]

This is old news now. Who cares? See ya in 10 Liz.

[Elena-rtyu]

finally getting what she earned. Go do your time, and be quiet. Your act is OVER

[MomoMonster]

Hopefully it is non-stop horror and mental torture!!🤣🤣🤣🤣

[stephaniemannina]

Good!!! She is a evil person. She destroyed so many lives.