
Elizabeth Holmes and her authorized protection crew are asking for an 18-month interval of home arrest, versus the utmost 80 years of potential jail time the Theranos founder faces. In a prolonged memo pleading for leniency, Holmes requested that the court docket “look beyond that caricature,” of her within the media and “examine Ms. Holmes the human being.”
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The disgraced entrepreneur was convicted on 4 counts of fraud towards traders in January, every of which carries a most penalty of 20 years in jail. Though notably, the jury didn’t discover her responsible of different fraud expenses associated to the actual patients who received incorrect medical diagnoses as results of her sham blood testing expertise. Following the decision Holmes requested a brand new trial, however that demand was rebuffed by presiding district court docket Judge Edward Davila on Monday.
Now, an 82-page doc filed late on Thursday is her newest try to keep away from jail. It begins with an outline of Holmes’ childhood and consists of part titles like: “Ms. Holmes Objects to the Calculation of the Number of Victims,” “Caring and Reliable Friend,” and “Deep Interest in Making the World a Better Place.” In addition to the memo, Holmes additionally filed a whole bunch of pages of supporting paperwork together with 130 letters submitted by “individuals who actually know [her].”
Further, the submitting recounts alleged traumas endured by Holmes—together with an alleged 2003 rape and claims of repeated abuse by the hands of her romantic and enterprise companion, Ramesh “Sunny” Balwani—who was discovered responsible on 12 counts of fraud in connection to Theranos. The memo cites her latest volunteer work in assist of sexual assault survivors as but another excuse why she shouldn’t be despatched to jail.
Unfortunately, as Holmes is prone to be taught firsthand, we reside in a carceral state the place being good among the time and enduring previous trauma doesn’t usually grant you a get-out-of-jail-free card. On the opposite hand, being white and rich within the white-collar crime sphere will in all probability lend Holmes some perks. If the choose does go for a jail sentence, the start-up scammer is prone to serve her time in a low-security facility and find yourself with a sentence of lower than ten years, in response to some expert speculation.
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Holmes’ official sentencing is scheduled for Nov. 18, and prosecutors will file their very own sentencing suggestion for Judge Davila earlier than then. In the meantime, you’ll be able to learn the total extent of Holmes’ request for compassion beneath.
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https://gizmodo.com/elizabeth-holmes-theranos-sentencing-1849772278