Elizabeth Holmes asks for leniency for her Theranos crimes

Malaysia News News

Elizabeth Holmes asks for leniency for her Theranos crimes
Malaysia Latest News,Malaysia Headlines
  • 📰 CBSNews
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 68%

The disgraced CEO is trying to recast her image as a loving mother in an effort to avoid a lengthy prison sentence.

Disgraced Theranos CEO Elizabeth Holmes is casting herself as a Silicon Valley scapegoat who overcame an abusive relationship to become a loving mother in an effort to avoid a lengthy prison sentence for duping investors in her failed blood-testing company.

Prosecutors are expected to seek a much harsher sentence when they file their own sentencing recommendations ahead of Holmes' scheduled Nov. 18 sentencing. Holmes, 38, will learn her fate in the same San Jose, California courtroom where herAfter starting Theranos as a 19-year-old, Holmes proceeded to raise nearly $1 billion from investors swayed by what turned out to be bogus promises.

Two former federal prosecutors, Duncan Levin and Amanda Kramer, told The Associated Press that Holmes seems likely to get a sentence of nine years to 17 years, although both acknowledged Davila has the discretion to be more lenient. Neither Holmes nor Evans responded when asked if she was pregnant again after that Oct. 17 hearing, and pregnancy wasn't mentioned in the sentencing memo.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CBSNews /  🏆 87. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elizabeth Holmes Asks Judge to Please Be Nice to HerElizabeth Holmes Asks Judge to Please Be Nice to HerThe Theranos fraudster was denied her new trial request, but continues to try everything she can to get out of jail time.
Read more »

Elizabeth Holmes, ‘humble’ and ‘hardworking,’ wants no prison sentence, or maximum of 18 monthsElizabeth Holmes, ‘humble’ and ‘hardworking,’ wants no prison sentence, or maximum of 18 monthsHolmes has suffered ‘extreme public ignominy, financial bankruptcy and the terrifying prospect of incarceration while the mother of a new baby,’ filing says.
Read more »

Elizabeth Holmes seeks to avoid prison for Theranos fraudElizabeth Holmes seeks to avoid prison for Theranos fraudTheranos founder Elizabeth Holmes urged a U.S. judge not to send her to prison and instead receive 18 months in home confinement, followed by community service, as she prepares to be sentenced next week for defrauding investors in the blood test start-up
Read more »

Elizabeth Holmes confirmed pregnant, her beloved ‘wolf’ dog Balto killed by cougar: Revelations from court filingElizabeth Holmes confirmed pregnant, her beloved ‘wolf’ dog Balto killed by cougar: Revelations from court filingHolmes searched for 16 hours through brambles and poison oak before finding her beloved husky lifeless, partner writes.
Read more »

Elizabeth Holmes Asks For Only 18 Months In Prison After Guilty VerdictElizabeth Holmes Asks For Only 18 Months In Prison After Guilty VerdictOver 130 people, including former Theranos employees and investors, submitted letters to the court in Holmes’ support, her lawyers said.
Read more »

Defense lawyers for Elizabeth Holmes ask judge for leniencyDefense lawyers for Elizabeth Holmes ask judge for leniencyOne week before disgraced Theranos founder Elizabeth Holmes is set to be sentenced for defrauding investors in her failed blood testing company, her defense team is pleading with the judge for leniency.
Read more »



Render Time: 2025-02-26 15:23:33