Elizabeth Holmes shaves more time off her sentence

[The Grand Illuminist]

Source: CNN

New York
CNN
—
Disgraced former Theranos CEO Elizabeth Holmes could be out of prison several months earlier than expected, according to the projected release date posted by the Bureau of Prisons.

The Bureau of Prisons’ online database currently shows that Holmes’ expected release date from a Texas prison is August 16, 2032 — a slight reduction from her previous release date of December 29, 2032.

It’s her second reduction in less than a year: She previously had her 11-year-and-three-month sentence by about two years last July.

Read more: https://www.cnn.com/2024/05/07/tech/elizabeth-holmes-prison-release-date/index.html

[peppertree]

1. And her loot? Safe and sound in the Caymans no doubt.

Another Mike Milken.

[Shermann]

3. Very hard to say

I don't believe she set out to be a con artist, but she tried to cling to her success at all costs as her company crumbled. A skilled swindler will skip town before any cracks are even showing.

[peppertree]

4. Good point

But you know these fraudsters' policy:

They can jail me - but not my money.

[Shermann]

5. She had a net worth of $4.5 billion at one point.

Could she possibly have slid all the way to $0 without squirrelling any of it away?

[Johnny2X2X]

6. For sure

$billions basically means you’re having to manage your money through a diverse set of accounts ya and financial devices. She had money managers working for her who undoubtedly took care of having some left.

[prodigitalson]

10. who knows? the most stunning thing to me about the whole stormy daniels business is

Last edited Wed May 8, 2024, 12:19 PM - Edit history (1)

a supposed billionaire ( or even multi-millionaire, which I'm sure tfg is) who does sleazy shit doesn't have 130 grand in cash laying around for shit like this

his fucking lawyer mortgaged his home and he wrote a bunch of checks to said lawyer creating a huge paper trail

I mean wtf

[Prairie Gates]

7. LOL...she doesn't have any loot

The whole point was that they took all this VC money and wasted it on a pipedream.

[peppertree]

8. Oh - she made sure to set some aside for herself

I ga'ontee.

[Prairie Gates]

9. Doubt it...she wasn't smart

Maybe the weirdo boyfriend shuffled some overseas, but Holmes herself was a bit of a dolt.

[Shermann]

12. She was smart enough to float to the top of the Silicon Valley swamp

If she created a website or some gizmo consumer device, she'd just be an interesting footnote and probably out on the street.

Her mistake was in applying those fake it until you make it / smoke and mirrors / hyped up Silicon Valley formulas to a medical device where peoples' health and wellbeing were on the line.

[erronis]

2. Any news on her boyfriend/collaborator? He's not a pretty white woman ---

wonder how his hearings in front of parole boards are going.

[TexasBushwhacker]

13. He got 11 years, 3 months

Sunny Balwani

[Old Crank]

11. Why isn't Ramaswamy being prosecuted?

He, his brother and mother pocketed millions from their deliberate pump and dump scheme.
Martha Stewart got prison for a sub $400 gain.
I guess if you are GOP or claim to be crime is expected.