An appeals court has rejected her bid to remain free while she tries to overturn her conviction in a blood-testing hoax that brought her fleeting fame and fortune.
last July. He was incarcerated in a Southern California prison last month after losing a similar effort to remain free on bail while appealing his conviction.
The trial’s most riveting moments unfolded when Holmes took the witness stand to testify in her own defense. While pursuing that audacious ambition, Holmes raised nearly $1 billion from a list of well-heeled investors that included Oracle co-founder Larry Ellison and media mogul Rupert Murdoch. Those sophisticated investors all lost their money after a Wall Street Journal investigation and regulatory reviews exposed dangerous flaws in Theranos’ technology.
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Elizabeth Holmes loses bid to avoid prison and is hit with $452-million restitution billElizabeth Holmes appears to be bound for prison soon after an appeals court Tuesday rejected her bid to remain free while she tries to overturn her conviction in a blood-testing hoax that brought her fleeting fame and fortune.
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Elizabeth Holmes loses latest bid to avoid prison and gets hit with $452M restitution billIn another ruling issued late Tuesday, U.S. District Judge Edward Davila ordered disgraced Theranos founder Elizabeth Holmes to pay $452 million in restitution to the victims of her crimes.
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Elizabeth Holmes loses final bid to delay imprisonmentThe U.S. Court of Appeals for the Ninth Circuit, which is hearing her appeal, said Holmes’ appeal failed to raise a substantial question of law or fact.
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Court denies Elizabeth Holmes' bid to avoid prison during appealIn a one-page order issued Tuesday afternoon, the U.S. Court of Appeals for the 9th Circuit denied a motion by convicted Theranos founder and CEO Elizabeth Holmes to stay out of prison while she appeals her conviction for wire fraud.
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Elizabeth Holmes and Sunny Balwani's relationship timelineTheranos founder Elizabeth Holmes is awaiting her 11-year prison sentence. Here's a timeline of her relationship with her co-defendent and ex-boyfriend, Sunny Balwani.
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