Elizabeth Holmes fails to overturn her Theranos fraud conviction
Summary
Elizabeth Holmes lost her appeal to overturn her fraud conviction, with a federal court ruling there were no legal missteps in her trial.
The court also upheld the conviction of her former partner, Sunny Balwani, and ordered both to pay $452 million in restitution.
Holmes, serving an 11-year sentence, falsely claimed her startup Theranos had revolutionary blood-testing technology.
The fraud, exposed in 2015, became one of Silicon Valley’s biggest scandals, leading to Theranos’ collapse and widespread media coverage, including books, documentaries, and a TV series.
https://apnews.com/article/elizabeth-holmes-theranos-fraud-conviction-appeal-193bb0a0bfe306e796acd13c151e705cOpen linkView original on lemmy.world299
Comments23
Imagine being so incompetent you can't even arrange for a pardon under fucking Trump.
The problem is that she screwed rich people over. If she stuck with just screwing over everyone else she would have been fine.
I remember reading about Theranos starting up, watched the documentary and podcast. The false positives (or negatives) was appalling.
Hey now, let's not ignore how deeply misogynistic the Trump administration is. That definitely plays a role.
She’s a blonde woman so he probably had some… special quid pro quo
I think you mean quid pro ho.
Just donate half the stolen money to his Super PAC and you get to keep the other half
She should've just announced a presidential bid the moment she got charged. Would've given her another 4 years.
.. in prison? Another 4 years in prison, right?
Nope, we're talking the USA, so she would have become president
Didn’t she get pregnant twice to avoid prison?
She shoulda bought Twitter when she had the chance I guess.
Is it just me or does she look like Zuckerburg in a wig?
Haha no, I saw that too.
I'm beginning to recognize the "face" of psychopathy and it isn't healthy, I feel.
Like, put me in a room with 100 strangers and I have a pretty sharp radar for billionaires and killers.
Huh, she looks like Stephen Miller to me.
She looks too human compared to Zuckerberg.
Hide the cleavage and look again.
if i had a nickel for every deep-voiced woman named Elizabeth wrapped up in a massive fraudulent enterprise, I'd have ten cents but it's still weird that it happened twice
(the other liz)
She fakes the deep-voice
Her one fatal misstep was being a woman.
Yeah, the 9 billion dollar fraud and countless known misdiagnoses (causing untold suffering) weren't the problem, being a woman was.
You're full of shit
*Gestures toward the White House and Tesla.*