Holmes, who was sentenced last fall, has failed in multiple requests to delay her incarceration as she awaits a ruling on an appeal.
at a prison in San Pedro, California, last month. Balwani, who was second in command to Holmes at Theranos, was convicted of fraud and conspiracy in December.she had failed to raise a "'substantial question of law or fact' that is 'likely to result in a reversal or an order for a new trial on all counts.'"
Earlier this month, Holmes and Balwani were ordered to pay $452 million in restitution to those who suffered damage from the company's fraud. In this Oct. 17, 2022 file photo Former Theranos CEO Elizabeth Holmes arrives at federal court in San Jose, Calif.Davila called on them to pay $125 million of that sum to media titan Rupert Murdoch, an investor in Theranos. Other victims in the case included the family of former Secretary of Education Betsy DeVos, and the Walton family, the founders of Walmart.
The verdict followed a four-month trial that detailed Holmes' trajectory from a Stanford University dropout in 2003 to a star business leader on the cover of Fortune magazine little more than a decade later.
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