Court orders Theranos founder Elizabeth Holmes to go to prison

Posted on AllSides May 17th, 2023
From The Center
Justice, Elizabeth Holmes, Theranos
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A court has ruled that disgraced Theranos founder Elizabeth Holmes must report to prison while she appeals against her fraud conviction.

Holmes, 39, had asked a judge to remain free while she fought against her jail sentence for a blood-testing hoax.

She was sentenced to over 11 years in prison after a jury last year found her guilty of defrauding investors.

In a separate ruling, US District Judge Edward Davila also ordered Holmes to pay $452m (£363.8m) to victims.

She will split the multi-million dollar payment with her former romantic...

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