Disgraced Theranos founder Elizabeth Holmes once again lost her bid to stay out of prison while she appeals her fraud conviction tied to a blood-testing hoax that bilked investors.
FILE - Former Theranos CEO Elizabeth Holmes arrives at federal court in San Jose, Calif., Oct. 17, 2022. Holmes has once again lost her bid to stay out of prison while she appeals her fraud conviction tied to a blood-testing hoax that bilked investors. In a one-page ruling, the U.S.
FILE - Former Theranos CEO Elizabeth Holmes arrives at federal court in San Jose, Calif., Oct. 17, 2022. Holmes has once again lost her bid to stay out of prison while she appeals her fraud conviction tied to a blood-testing hoax that bilked investors. In a one-page ruling, the U.S.
SAN FRANCISCO — Disgraced Theranos CEO Elizabeth Holmes appears to be soon bound for prison after an appeals court Tuesday rejected her bid to remain free while she tries to overturnIn another ruling issued late Tuesday, U.S. District Judge Edward Davila ordered Holmes to pay $452 million in restitution to the victims of her crimes.
The Ninth Circuit Court of Appeals decision on Holmes’ attempt to avoid prison comes nearly three weeks after
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