Elizabeth Holmes denied request to avoid prison while appealing conviction.

1 min read
Source: New York Post
Elizabeth Holmes denied request to avoid prison while appealing conviction.
Photo: New York Post
TL;DR Summary

Elizabeth Holmes, the founder of Theranos, has lost her bid to avoid prison and has been ordered to pay $452 million in restitution to the victims of her crimes. She is being held jointly liable with her former lover and top Theranos lieutenant, Ramesh “Sunny” Balwani, who is already in prison after being convicted on a broader range of felonies in a separate trial. Holmes had previously been ordered to surrender to authorities on April 27 by US District Judge Edward Davila, who sentenced her in November.

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