Prosecutors ask judge to sentence Theranos CE0 Elizabeth Holmes to 15 years in prison

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Prosecutors ask judge to sentence Theranos CE0 Elizabeth Holmes to 15 years in prison
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Federal prosecutors have asked a judge to sentence disgraced Theranos CE0 Elizabeth Holmes to 15 years in prison.

The ruling issued late Monday is the latest setback for Holmes, a former Silicon Valley star who once boasted an estimated net worth of $4.5 billion but is now facing up to 20 years in prison that would separate her from her 1-year-old son.

Holmes is set to appear for sentencing on Nov. 18 in federal court in San Jose, California, nearly a year after she was convicted of three felony counts of wire fraud and one felony count of conspiracy to commit fraud. She faces up to 20 years in prison for each count. Holmes' attorneys filed an 82-page document late Thursday calling for a lenient sentence of no more than 18 months, saying her reputation was permanently destroyed, turning her into a "caricature to be mocked and vilified.

Leach also pointed to how, after Wall Street Journal reporter John Carreyrou exposed the scheme, Holmes "attacked him, along with his sources" and desperately tried to pin the blame on others.

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