ABC News reported on the 12th (local time) that the judge had rejected the request to detain Elizabeth Holmes (38), the worst scammer in Silicon Valley history. Accordingly, Holmes will go to prison on the 27th of this month.
Elizabeth Holmes is the founder and former CEO of Theranos, a medical company. In the past, he claimed that if you put a small amount of blood in an ‘Edison kit’ and send it to Theranos headquarters, you can get hundreds of disease diagnosis results at a cost of about $50 (about 66,000 won). But this was false. He was brought to court for stealing large sums of money from investors by deceiving a new technology that did not exist.
In November of last year, Holmes was sentenced to 11 years and 4 months in prison at the first trial for three counts of fraud and one count of conspiracy to commit fraud. However, his imprisonment was delayed due to reasons such as his pregnancy. He appealed against the conviction of the first trial.
Holmes has asked for a delay in his prison sentence, which is set to begin later this month, while awaiting an appeals verdict. However, Judge Edward Davila of the U.S. District Court for San Jose, California, said, “There is no risk that Holmes will flee, but I see no possibility of the conviction being overturned or a new trial being held.” dismissed Holmes’ claim.
Accordingly, Holmes’ prison sentence is expected to begin on April 27 in a Texas prison. However, Holmes may also appeal the dismissal of the request for trial without detention.
It is known that even after being convicted in the first trial, Holmes did not cancel the flight he had booked to Mexico for the reason of attending the wedding. “It is a bold move for the accused to plan an overseas trip in hopes of winning the trial,” said Judge Davila.
Source: Donga
Mark Jones is a world traveler and journalist for News Rebeat. With a curious mind and a love of adventure, Mark brings a unique perspective to the latest global events and provides in-depth and thought-provoking coverage of the world at large.