Theranos' Elizabeth Holmes loses bid to stay out of prison

Theranos' Elizabeth Holmes loses bid to stay out of prison

a year ago
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https://apnews.com/article/elizabeth-holmes-prison-theranos-fraud-conviction-46471e11f615b8ce16114c22551477aa

Disgraced Theranos CEO Elizabeth Holmes has been rebuffed in her attempt to stay out of federal prison while she appeals her conviction for the fraud she committed while overseeing a blood-testing scam that exposed Silicon Valley’s dark side.

In an 11-page ruling issued late Monday, U.S. District Judge Edward Davila concluded there wasn't compelling enough evidence to allow Holmes to remain free on bail while her lawyers try to persuade an appeals court that alleged misconduct during her four-month trial led to an unjust verdict.