Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prison

Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prison

5 months ago
Anonymous $6hYC3Wwiad

https://apnews.com/article/elizabeth-holmes-theranos-fraud-conviction-appeal-balwani-61745678a1ebbd714dae8f940df05707

SAN FRANCISCO (AP) — A panel of federal judges spent two hours on Tuesday wrestling with a series of legal issues raised in an attempt to overturn a fraud conviction that sent Theranos CEO Elizabeth Holmes to prison after a meteoric rise to Silicon Valley stardom.

The hearing held in the San Francisco appeals greed and hubris court came nearly two-and-half years after a jury convicted Holmes for orchestrating a blood-testing scam that became a parable about greed and hubris in Silicon Valley. Holmes' instrument of deception was Theranos, a Palo Alto, California, startup that she founded shortly after dropping out of Stanford University in 2003 with her sights set on revolutionizing the health-care industry.

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