Elizabeth Holmes sentenced to more than 11 years in prison for fraud | CNN Business

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Elizabeth Holmes has been sentenced to more than 11 years in prison for defrauding investors while running the failed blood testing startup Theranos

Judge Edward Davila imposed a sentence of 11 years and three months in prison, with another three years of supervision after Holmes is released. The sentence also includes a fine of $400, or $100 for each count of fraud. Restitution will be set at a later date. Holmes was ordered to turn herself into custody on April 27, 2023. She is expected to appeal her conviction.

At its peak, Theranos was valued at $9 billion, making Holmes a billionaire on paper. She was lauded on magazine covers, frequently wearing a signature black turtleneck that invited comparisons to late Apple CEO Steve Jobs. The company began to unravel after a Wall Street Journal investigation in 2015 found the company had only ever performed roughly a dozen of the hundreds of tests it offered using its proprietary blood testing device, and with questionable accuracy.

 

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How are you

I wonder if Elizabeth Holmes thought that getting pregnant again might work to save her from prison?

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Hurrah!!!!

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Everyone other than Trump is sentenced to prison, how come?

Barbie doll playing mama tricks didn’t work, if she was honest she could have worked in her basement created a new machine that works in last two years and showed up to court and said look i finally built it, forgive me but she was a fraud from beginning.

People of ⁦Mahabad⁩,situated in Kurdistan,Iran are under IRGC’s attack with heavy artillery.They are shooting at residential houses of innocent weaponless people.They have cut off water,electricity and internet connection.This could result in an unforgivable genocide of Kurds!

the city of Mahabad with heavy artillery and is shooting at the houses of innocent people! The Islamic Republic is slaughtering innocent people! Be the voice of the people of Mahabad!

She (Probably) Got Pregnant Just SO She Could Delay Her ''Stay' In Prison..🤔

Poor lady.

She should of been in Congress or the Senate, then nothing would have happened to her.

this is what she deserves

Good she deserves it

And yet Trump walks free, Tell ne again how the system does not favor the elites… When I retire I will run for office and I will stop the insanity

How many trump get yet?

🫠 Not enough

She was targeted for prosecution because she’s a woman!

Well We Know She's Not Going To Do 11 Years.

Let me know when she actually goes to jail for her crime

Draconic punishement, typically USA, but probably the biggest criminal in the country is stil not in jail.

She looks like she is off in some other world all by herself.

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Good, now do the Trumps

She only gets 11 years for that? Seriously ? People do more for weed

And yet a certain someone has been defrauding people for a lifetime, being investigated and still free.

her children will be 11 and older when she get out

Look guys, it's cobie

Too light a sentence. We need to make examples out of these corporate sociopaths.

WhitePrivileged!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Shoulda got life

Finally!!! But still I wanted more years, what she did was despicable… why can’t we get real justice And appart from deceiving investors, she deceived sick people with false results, that is enough for a life sentence!!

Hello

notably, she was acquitted for harming patients

This robot was faulty.

Fake news!

Wow what is Trump going to get for attempting a coup and the death of Capitol police?

Anyone with half a brain could see that what Theranos was trying to achieve was impossible and could see she was a fraudster. It's actually impressive that she was able to convince so many investors to finance her. My bet is she'll talk the prison guards into letting her free

I understand her getting 11 years for defrauding people.....and Trumpster Fire gets nothing and he's a complete Fraud and Screwed all Americans and gets no time. American justis is completely Blind.

Lmao oops 😬

This is where Justice works effectively not like my Country

should be at least 12 yrs...haha

I was in jail for one day ..it was hell ..the food was shit...l was going to probably hurt someone or get killed...cheese sandwiches..l never wear 🍊 now.

Enjoy

Now lock up FTX team

Hope she rots in jail

I would. Does she have conjugal visits? Asking for a friend.

The court has been so lenient with this woman! She's so manipulative; she played like the most vulnerable woman! She knowingly, along with her boyfriend & partner, that they were selling a bad product! That they're playing with people lives & did not care!

this just in: elizabeth holmes is about to have ALOT of sex. she has one of those faces…you just wanna sit on. Theranos .CNN

Bye

She will join the 58% of women in federal prison who are mothers

100s of letters supporting reduced sentence 🙄 Happy to see justice prevailed over the apologists.

CoryBooker calling for leniency in sentencing was a JOKE!! Democrats are so soft on criminals

The moral of this story: If you're in trouble, call your friend Cory Booker!

Same face as the zucc

deserved!!! getting pregnant twice didnt save her, she'll go for a 3rd one now!

Should be life in jail unless she returns the money…..very fair in my opinion! When released, she will live a fabulous life with that money, not much of a punishment.

Oh that chick. Moran! She ruined her own future. Smh Don't do this kids!

She never should have been fiddling with all that blood

Worst than a ponzi scam she will need a psychiatrist eventually she seems too calm for 15 years of running a scam.

Not nearly enough

I thought he would always get away with it luckily I was wrong I believe again once in justice 😃

Didn't she recently have a child? Way to go mom!

Hunter Biden is next up

Getting pregnant was a play. Poor baby.

She used to look Uber hawt

Wow

Women in fast cars. Women behind bars. Foreigner.

Should've Been 111 Years!🙏💙🇺🇸

Thanks God and good riddance, damaged biotech investment for years to come. Avarice & greed is all she had.

She deserves every minute

She caused way more trouble than just defrauding investors.

That's why you don't let Gen.Z run the country.

All she has to do is tell the Judge that she is not going to partake in the sentencing.

Y’all gon cover this or what?

Haha

Not 111 year ? Given How many lives it has destroyed ….

So she will do like 2 years..

Not enough! Should have been a life sentence, these white collar criminals ruin millions of lives and never pay the appropriate price.

What do the great and the good peeps of Twitter think of this? Too harsh, too lenient or about right? Let's be honest,the bargain basement Steve Jobs caused utter mayhem with her scam and also vindictively harassed whistleblowers. 11 years seems about right.

she startin to look like jerry seinfeld

It's about time wealthy people are being held accountable .

Her boyfriend gonna be on TMZ next week dating Pete Davidson

…to be served at a time that’s convenient for her

Now do Trump

This is why you stab vampires with wooden sticks. You don't do what they say.

Gang stalking scammers crimes

🔥Best handmade Brass light available on etsy 👇

Yep here we have a x present with all kind of crimes and nothing happens what is wrong with this picture

Maybe she will be roommates with Ghislaine? If any two could corrupt a jail system - it would be them.

It's Thera-Nos for her

Good! Enjoy!

Not enough.

Wow female privilege she should’ve gotten atleast 15 years

That is unfair she is hot

Wow

Having another baby wasn’t gonna save her sorry a**!🙀

YAY! NO ONE is above the law! Spare us the woe is me BS Lizzie!👏

What did Lover Boy get? He was complicit.

Not quite long enough

FAFO sis!

FTX guy next?

Meanwhile, Trump is still in the 'should we charge him?' for sending a mob to attack Capitol Hill.

Smh crazy

FreeQueenElizabethHolmes

Laterrr lollllll

That twinkle in her eye bout to be lighting up her cell 🤣🤣

And how much of her investor's wealth did she manage to protect from regulator's seeking to settle the company's liabilities?

Unfortunately she will be out 2, maybe 3. She will still have money and fame. Sadly our justice system is completely skewed toward white and rich people.

If she was poor and Black, she would have gotten life.

Not enough

جنايت عليه مردم مضلوم هزاره در افغانستان جيريان دارد!

Why not Trump? He defrauded an entire country.

The Ponzi Scheme fraud times continue on and on!

damn

LockHerUp

Not enough time

Why does she look like that

11 years ... Patriarchy wins!

That face, MY GOD! Anyone could see into the deceit and fraud just by looking at her. Scary! 😳🤮

Thank you.

Good 😭

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