In a one-page order issued Tuesday afternoon, the U.S. Court of Appeals for the 9th Circuit denied a motion by convicted Theranos founder and CEO Elizabeth Holmes to stay out of prison while she appeals her conviction for wire fraud.
The court ruled that Holmes had not raised a “substantial question” regarding the conduct of her trial or shown that any trial errors were likely to result in reversal or a sentence shorter than the 11-year, three-month prison term handed down by U.S. District Judge Edward Davila.
In January 2022, a jury convicted Holmes of misleading and defrauding investors about the capabilities of Theranos’ blood-testing technology. Davila had ordered Holmes to surrender to federal prison authorities on April 27 of this year, but that order was automatically suspended while the higher court decided whether to grant the bail request.
It will be up to Davila to set a new surrender date for Holmes now that her request has been denied. Holmes’s appeal, per the 9th Circuit’s order, will continue on its original schedule and will likely take several months or a year to be resolved.
4 comments
She’s just a Spoiled ***** (rhymes with rich). She has done everything she can to avoid doing time for her transgressions. She deserves everything she gets.
And yet a child molester in Co Co County goes free. Is that deserved?
No, the molester should be castrated and left to sit in jail. They stole an innocent life. The Blood Money ..itch needs to sit in jail for a long time, she ruined people’s lives also.
@FED UP….. You’re right, there’s a HBO Max documentary named “The Inventor: Out for Blood in Silicon Valley” about her, she was a ruthless, fake _itch.
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