Elizabeth Holmes to be Released from Prison 2 Years Early Background Elizabeth Holmes, the former CEO of Theranos, is set to be released from prison two years early, according to online records. Holmes was sentenced to 11 years and three months in November 2022 for defrauding investors in her failed blood-testing startup. However, her sentence […]
Elizabeth Holmes—Theranos Fraudster And Ex-Billionaire—Gets Two Years Cut From Off Prison Sentence Disgraced Theranos founder Elizabeth Holmes appears to have quietly shaved two years off her prison sentence for defrauding investors, prison records show, following a similar sentence reduction for co-conspirator Ramesh “Sunny” Balwani and just weeks after she claimed she cannot afford to make […]
Elizabeth Holmes Claims Inability to Repay Victims of Fraud Introduction Elizabeth Holmes, the disgraced founder of Theranos, is facing resistance from her lawyers in repaying the victims of her large-scale fraud. Despite being convicted of defrauding investors and ordered to repay $452 million, Holmes’ lawyers argue that she will not be able to afford the […]
Theranos Fraudster Elizabeth Holmes Claims Inability to Pay Back Victims Background Elizabeth Holmes, the former CEO of fraudulent blood-testing start-up Theranos, has recently stated that she cannot afford to repay her victims once she is released from prison. Holmes, who was convicted of multiple charges including fraud, has been ordered to pay $452 million in […]
