Elizabeth Holmes appears to be soon bound for prison after an appeals court Tuesday rejected her bid to remain free while she tries to overturn her conviction.
The U.S. Court of Appeals denied Theranos CEO Elizabeth Holmes' motion to stay out of prison while she appeals her conviction for wire fraud.Disgraced Theranos CEO Elizabeth Holmes appears to be soon bound for prison after an appeals court Tuesday rejected her bid to remain free while she tries to overturn her conviction in a blood-testing hoax that brought her fleeting fame and fortune.
Davila will now set a new date for Holmes, 39, to leave her current home in the San Diego area and report to prison. Balwani, 57, began a nearly 13-year prison sentence in April after being convicted on 12 counts of fraud and conspiracy last July. He was incarcerated in a Southern California prison last month after losing a similar effort to remain free on bail while appealing his conviction.
While pursuing that audacious ambition, Holmes raised nearly $1 billion from a list of well-heeled investors that included Oracle co-founder Larry Ellison and media mogul Rupert Murdoch. Those sophisticated investors all lost their money after a Wall Street Journal investigation and regulatory reviews exposed dangerous flaws in Theranos' technology.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Elizabeth Holmes 2023: Disgraced CEO loses latest bid to avoid prison, gets $452M restitution billElizabeth Holmes appears to be soon bound for prison after an appeals court Tuesday rejected her bid to remain free while she tries to overturn her conviction.
Baca lebih lajut »
Tesla 2023 shareholder meeting: Musk says Tesla will deliver production Cybertrucks this yearTesla 2023 shareholder meeting: Musk predicts economy will pick up after 12 months
Baca lebih lajut »
Tesla 2023 shareholder meeting: Musk talks Cybertruck, economy, advertisingTesla held its 2023 annual shareholder meeting in Austin, Texas on Tuesday.
Baca lebih lajut »
Elizabeth Holmes loses latest bid to avoid prison and gets hit with $452 million restitution billDisgraced Theranos CEO Elizabeth Holmes loses bid to remain free while she tries to overturn her fraud conviction.
Baca lebih lajut »
Elizabeth Holmes loses latest bid to avoid prison and gets hit with $452 million restitution billDisgraced Theranos CEO Elizabeth Holmes appears to be soon bound for prison after an appeals court Tuesday rejected her bid to remain free while she tries to overturn her conviction in a blood-testing hoax that brought her fleeting fame and fortune.
Baca lebih lajut »