BREAKING Onetime billionaire Elizabeth Holmes sentenced to more than 11 years in prison for fraud at her failed startup Theranos.
Although her lawyers didn't mention the pregnancy in an 82-page memo submitted to the judge last week, the pregnancy was confirmed in a letter from her current partner, William "Billy" Evans, that urged the judge to be merciful.
According to a 2016 survey by the Bureau of Justice Statistics, more than half of women entering federal prison - 58% - reported being mothers of minor children. Even though Holmes was acquitted by a jury on four counts of fraud and conspiracy tied to patients who took Theranos blood tests, Leach also asked Davila to factor in the health threats posed by Holmes' conduct.
Although evidence submitted during her trial showed the blood tests produced wildly unreliable results that could have steered patients toward the wrong treatments, her lawyers asserted that Holmes never stopped trying to perfect the technology until Theranos collapsed in 2018.'Can't fraud it until you make it': Bay Area experts weigh in on Elizabeth Holmes conviction
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Former Theranos CEO Elizabeth Holmes sentenced to more than 11 years in prisonOnetime billionaire Elizabeth Holmes sentenced to more than 11 years in prison for fraud at her failed startup Theranos.
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Elizabeth Holmes Sentencing Live Updates: Former Theranos CEO Sentenced to More Than 11 Years in PrisonThe founder of the disgraced blood-testing company is set to appear for sentencing in a California federal court on Friday.
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Elizabeth Holmes Sentencing Live: Former Theranos CEO in Court TodaySentencing proceedings for Theranos founder Elizabeth Holmes, who was convicted in January on four counts of criminal fraud, are beginning. Follow our live coverage.
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Elizabeth Holmes Sentencing: Former Theranos CEO faces judgment dayU.S. District Judge Edward Davila's decision - and Holmes' reporting date for a potential stint in prison -- could be affected by the former entrepreneur's second pregnancy in two years.
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