Elizabeth Holmes prosecutors seek 15-year sentence and $800m in restitution

[Kennah]

Source: The Guardian

Federal prosecutors are asking a judge to sentence Elizabeth Holmes to 15 years in prison and require the Theranos founder to pay $800m in restitution, according to court documents filed on Friday.

A jury found Holmes guilty in January of four counts of investor fraud and conspiracy. Her sentencing is scheduled for 18 November, and she faces a maximum 20 years in prison.

Prosecutors argued that “considering the extensiveness of Holmes’s fraud”, their recommended sentencing would “reflect the seriousness of the offenses, provide for just punishment for the offenses, and deter Holmes and others”.

Holmes’s lawyer argued in documents filed on Thursday that the ex-Theranos boss should not be sentenced to prison at all and, at most, should receive 18 months of house arrest. The court filings argued that Holmes had been made a “caricature to be mocked and vilified” by the media over the years, though she is a caring mother and friend.

Read more: https://www.theguardian.com/technology/2022/nov/12/elizabeth-holmes-theranos-sentence

[vlyons]

1. lock her up as long as possible

She is a con artist, and endangered patients' lives

[progree]

2. For those like me who can't remember all the grifters and the grifts

I've heard / read her name but blanked out on what she did

Holmes rose to fame as the 19-year-old founder of Theranos, a company that claimed its technology could conduct tests with just a drop of blood. Theranos ballooned to a valuation of $9bn, with the help of big-name investors and board members, and Holmes herself once boasted a net worth of over $4bn. In 2015, the Wall Street Journal revealed that the company’s test had significant inaccuracies and that it was actually performing tests using traditional blood testing methodology and technology

[Orrex]

4. Just imagine if Theranos had obtained all six Infinity Stones.

[Goonch]

5. The downfall of Elizabeth Holmes: Is the young billionaire going to jail? 60 Minutes Australia

[mitch96]

6. "$800m in restitution".. does she have that kind of money?? What if she doesn't ? nt

[Mr.Bill]

8. If she doesn't have it,

It will guarantee she never will.

[republianmushroom]

7. GOOD

[oldsoftie]

9. I'll accept 15 yrs for her. None of this "home detention" shit either

[kairos12]

10. Vile grifter. Lock her up.

[OldkySoul]

11. I watched

several interviews of some of the people who worked with her.
They all seemed to agree she had a weird Steve Jobs fetish thing going on, along with not blinking much while talking to anyone, and her faked deepening of her voice.
Yup she was a strange bird.