Elizabeth Holmes has been sentenced to over 11 years in prison

Advertisements
Elizabeth Holmes on a blue background with red streaks
Laura Normand / The Verge

Elizabeth Holmes has been sentenced to 135 months, or just over 11 years, in prison, according to journalist John Carreyrou.

Judge Edward Davila, who has overseen the case, declared that the charges she had been found guilty of made her responsible for defrauding 10 victims out of $121 million, according to The New York Times’ Erin Griffith. Davila said that Holmes’ refusal to accept responsibility for the fraud counted against her in his sentencing decision, according to The Wall Street Journal.

A jury found Holmes guilty of three counts of wire fraud and one count of conspiracy to commit wire fraud earlier this year. In the weeks leading up to the former Theranos CEO’s sentencing, prosecutors asked the judge to give her 15 years of…

Continue reading…

      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

Discover more from Maheri Network

Subscribe now to keep reading and get access to the full archive.

Continue reading

Exit mobile version