Elizabeth Holmes denied request to stay out of prison during appeal.

1 min read
Source: Yahoo News
Elizabeth Holmes denied request to stay out of prison during appeal.
Photo: Yahoo News
TL;DR Summary

Elizabeth Holmes, former CEO of Theranos, has lost her latest bid to avoid prison and has been hit with a $452 million restitution bill. She had been previously ordered to surrender to authorities on April 27 by U.S. District Judge Edward Davila, who sentenced her in November. Holmes is being held jointly liable for that amount 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.

Share this article

Reading Insights

Total Reads

0

Unique Readers

8

Time Saved

3 min

vs 4 min read

Condensed

88%

70585 words

Want the full story? Read the original article

Read on Yahoo News