Theranos founder Elizabeth Holmes to start 11-year sentence

[{"selector":"#anim-8b918305-7f04-4a5f-8eb5-d0e9b4777c36","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0daa2d8f-a4e2-4983-b4fa-b47a7faa943a","keyframes":{"transform":["translate3d(-177.04918%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Elizabeth Holmes is set to begin her 11-year prison sentence at a minimum-security federal prison camp in Texas

[{"selector":"#anim-96e28500-d64b-4734-a79a-cc35e2ddf40c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-37.13819966738153%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Holmes was convicted in November 2022 on four counts of defrauding investors in connection with her failed blood-testing firm, Theranos

[{"selector":"#anim-0dcae99d-aebe-45ca-8982-d90b602fe760","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6c6f80b3-9455-461b-b787-0456e4cb5ecb","keyframes":{"transform":["translate3d(-177.04918%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Holmes must serve 85% of her sentence, even if it is reduced for good conduct

Save time. Stay Informed with FYI: A short news app for working professionals.

[{"selector":"#anim-99138ab0-6a4f-44f7-a973-34ae5c4eb308 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-37.13819966738153%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Her request for delay while seeking a new trial was denied by the judge

[{"selector":"#anim-8a20453f-75bc-45d2-8c0a-17d1e1bfd623","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6af271e3-6b47-4d56-9c85-42bf5f372ccf","keyframes":{"transform":["translate3d(-177.04918%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sunny Balwani, Holmes' former business and romantic partner, began his 13-year sentence in April

[{"selector":"#anim-3cb15469-9d8c-4a8f-b7d4-680a9c592b53 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-37.13819966738153%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Holmes has been ordered to pay $452m in restitution to victims of the fraud Via