Elizabeth Holmes tried ‘to flee’ to Mexico after conviction, prosecutors say

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Elizabeth Holmes tried ‘to flee’ to Mexico after conviction, prosecutors say
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Theranos founder Elizabeth Holmes made an “attempt to flee the country” with a one-way ticket to Mexico after she was convicted for defrauding investors who backed the bogus bio company, prosecutor…

at a $13,000 per month estate as she appeals her conviction, should finally begin serving her 135-month sentence.

“The incentive to flee has never been higher,” prosecutors said, and Holmes “has the means to act on that incentive.”Holmes’ attorney responded to prosecutors in an email and claimed that the plane ticket was purchased before the verdict for a friend’s wedding in Mexico, according to the filing. The attorney said that Holmes was hopeful that she would be found innocent and be able to attend the event.

A federal judge had ordered Holmes, who is pregnant with her second child, to begin serving her sentence on April 27. Attorneys for Holmes have argued that she should be allowed to remain free on bail during her appeal because it will raise “substantial issues” about her case that could lead to a new trial.Peter DaSilva/EPA-EFE/ShutterstoHolmes was found guilty in January of defrauding investors of nearly $1 billion in her now-defunct blood-testing company and sentenced to 135 months in prison in November.

Theranos, a blood-testing startup company once valued at over $9 billion, imploded in 2015 after a Wall Street Journal investigation revealed the company’s technology could not perform with the accuracy and ability that Holmes promised.

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