Theranos Scammer Elizabeth Holmes Tried to Flee the Country After Her Conviction: Prosecutors

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Theranos Scammer Elizabeth Holmes Tried to Flee the Country After Her Conviction: Prosecutors
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Theranos founder Elizabeth Holmes tried to leave the country after she was found guilty of fraud last year, according to prosecutors in her case.

tried to leave the country after she was found guilty of fraud last year, according to prosecutors in her case., that the scammer “booked an international flight to Mexico… without a scheduled return trip.”

“Only after the government raised this unauthorized flight with defense counsel was the trip canceled,” read the filing. “The government anticipates Defendant will note in reply that she did not in fact leave the country as scheduled—but it is difficult to know with certainty what Defendant would have done had the government not intervened.”

At the time, Holmes’ attorney Lance Wade stated that the flight was planned prior to the verdict so that she could “attend the wedding of close friends” in case there was a different outcome. “Given the verdict, she does not plan to take the trip,” read the statement. “But she also had not yet cancelled the trip, amidst everything that has been going on.

“Defendant has shown no remorse to the victims of her fraud, despite an associated loss that the Court found was at least $120 million,” the filing read. In November, a judge sentenced Holmes to 11 years and three months in prison, plus three years of supervised release. Judge Edward J. Davila of California’s Northern District said he believed it was Holmes’ hubris and intoxication with fame that led her to defraud investors of more than $100 million. The founder of the failed blood-testing start-up promised to revolutionize healthcare, but a jury found she lied to investors about the company’s capabilities in pursuit of money and fame.

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