Just listened to a podcast about Holmes. sentencing not until fall.

Weird person. altered her voice to sound more convincing. Dressed like Steve Jobs to look more Si Valley like.

Yup, Psychopath.

^^^^^^^^^^^
More than a psychopath. Look at the accusations she leveled at her old boyfriend, Balwani. Narcisstic Personality as well. Hope she gets the full sentence. They have minimized the harm she did to patients. They are the ones that suffered the most, not Walgreens or the naive investors.
For some reason the Holmes affair got very little media coverage compared to others.

quote:

Originally posted by ZSMICHAEL:
For some reason the Holmes affair got very little media coverage compared to others.

I suspect it has to do w/ most of the media dealing w/ egg on their faces. The MSM was complicit w/ Holmes and busy hyping her up as the female Steve Jobs. She was supposed to be the ultimate 'Women in STEM' success story. Her skeptics and doubters were labelled as misogynists and perpetuators of the patriarchy.

I doubt any media outlet who swallowed Holmes' stream of bullshit hook, line, & sinker cared to highlight their naivety by focusing too much on the Holmes trial.

quote:

Originally posted by radioman:
Just listened to a podcast about Holmes. sentencing not until fall.

Weird person. altered her voice to sound more convincing. Dressed like Steve Jobs to look more Si Valley like.

Yup, Psychopath.

Which on did you listen to? I was interested in learning about this, but there were quite a few podcast choices and wasn't sure which I wanted to dedicate my time to. Do you have a recommendation?

quote:

Originally posted by Balzé Halzé:

Which one did you listen to?

I'm somewhat embarrassed to say. It's the podcast that I listen to when I'm trying to get to sleep, and this podcaster and especially his co-host always put me right to sleep. So that might be an indication of the quality but I do pick up a leadership hint now and again from it. Just don't listen if you are operating heavy equipment or driving Or while steering some ship or something.

https://podcasts.apple.com/us/...1732?i=1000557994547

But what was more useful is the podcast led me to find some of the videos they referenced and I ran across this:

https://youtu.be/BgNfrDXr7uA

It's The Australia 60 minutes segment, and has all the info you need. It's very well done.

I'm somewhat embarrassed also to admit I watched a 60 minutes segment. I avoid them after they altered President Bush’s National Guard service records. Or as JAllen said, they forged "Diablo's papers." But it is the Australia version, so at least it's not the same people as here.

If you only choose one of these, watch the 60 minutes youtube video.

Elizabeth Holmes goes before the judge today for sentencing. I hope she gets nailed. Not that that it will deter future sociopaths from defrauding investors of billions, but normal people will take notice.

Interesting timing with another wunderkind billionaire Sam Bankman-Fried defrauding investors of billions this past week.

I get tires of news articles saying she was worth $9 billion, he was worth $16 billion. Not really, it was always smoke and mirrors for them.

Cory Booker. God, what a complete tool. Yeah, we know- you think you're "Spartacus" you half-wit.

Cory Booker asks for leniency for Theranos fraudster Elizabeth Holmes: Wants to make world 'a better place'

Unreal. She's a CROOK, you moron, a CON ARTIST.

She is of course pregnant again. It has been ONE YEAR since she was found guilty. She is hoping for home confinement. I am not sure if her attorneys can file an appeal of the sentence or not.

Her getting knocked up while knowing she was going to prison should get her some additional time. She intentionally bringing a child into the world she knows she will not be able to care for.

John Bostic, a government prosecutor, told U.S. District Judge Edward Davila that the court should consider an enhancement to Ms. Holmes’s sentence because she engaged in recklessness that put patients at risk of bodily harm. She did this, Mr. Bostic said, by advertising Theranos blood-testing technology to healthcare providers and patients, and used the devices on patients despite knowing the results were unreliable.
LINK: https://www.wsj.com/livecovera...?mod=series_theranos

Booker.....truly an idiot.

Theranos founder Elizabeth Holmes reportedly told a Walgreens consultant that “They don’t put pretty people like me in jail,” according to a government filing ahead of the sentencing hearing Friday.
^^^^^^^^^^^^^
Same link as before. Hope the Judge heard it. LOL

2 min ago
Elizabeth Holmes Sentenced to 11.25 Years in Prison
By Heather Somerville
SAN JOSE, Calif.—Elizabeth Holmes, the founder of Theranos Inc. convicted of fraud, was sentenced to 135 months, or 11.25 years, in prison, capping the extraordinary downfall of a one-time Silicon Valley wunderkind.

U.S. District Judge Edward Davila, who oversaw the monthslong trial in which Ms. Holmes was convicted of running a yearslong fraud scheme at her blood-testing company, delivered the sentence Friday in federal court.

SAME LINK AS ABOVE

Good!

U.S. District Judge Edward Davila ordered Ms. Holmes to surrender on April 27. He said the court would set a date in the future for a hearing on restitution.

Ms. Holmes has 14 days to appeal her conviction on fraud charges. An appeal is expected. Ms. Holmes’s lawyers will seek to let her stay out of prison on bail, pending appeal.

Attorneys for Ms. Holmes declined to comment.

11 years in prison. Not long enough IMHO, but she was convicted and punished.

quote:

Originally posted by ibanda:
11 years in prison. Not long enough IMHO, but she was convicted and punished.

She should have the ability to trade that for 364 days in Cook County Jail.

No prison is Club Fed. Ask anyone who has ever worked in one what it is like. She will go to a minimum security prison because she is nonviolent and not a physical threat to anyone.

https://nypost.com/2022/11/18/...in-prison-for-fraud/

Theranos founder Elizabeth Holmes sentenced to 11 years in prison for fraud

By Ariel Zilber
November 18, 2022 5:09pm Updated

Elizabeth Holmes, the disgraced Theranos founder who was once compared to Steve Jobs before she was convicted of defrauding investors who backed the now-defunct blood-testing company, was sentenced to more than 11 years in prison on Friday.

The pregnant Holmes, dressed in a dark blouse and black skirt, was given 135 months behind bars by US District Judge Edward Davila in the same San Jose, Calif., courtroom where a jury convicted her convicted on four counts of investor fraud and conspiracy in January.

Moments after the ruling, the 38-year-old Holmes turned to hug her crying mother. She was also comforted by her father and her partner after the sentence was handed down.

During the hearing, Holmes cried as she said she was “devastated” by her failures and would have done many things differently if she had the chance.

“I have felt deep shame for what people went through because I failed them,” she said.

Before handing down the sentence, Davila called the case “troubling on so many levels,” questioning what motivated Holmes, a “brilliant” entrepreneur, to misrepresent her company to investors.

“This is a fraud case where an exciting venture went forward with great expectations only to be dashed by untruths, misrepresentations, plain hubris and lies,” he said.

She was ordered to begin serving the sentence April 27. Her lawyers have two weeks to file an appeal and are expected to ask the judge to allow her to remain free on bail during the process.

Holmes’ 135-month sentence was below the 15 years requested by prosecutors, who also sought $804 million in restitution for 29 investors.

The amount covers most of the nearly $1 billion that Holmes raised from a list of sophisticated investors that included software magnate Larry Ellison, media mogul Rupert Murdoch and the Walton family behind Walmart.

Davila ordered Holmes repay $121 million to 10 investors, including Murdoch and former Wells Fargo CEO Richard Kovacevich, who sat on the company’s board, according to the New York Times.

Her legal team had asked for incarceration of no more than 18 months, preferably served in home confinement. A probation report also submitted to Davila recommended a nine-year prison sentence for Holmes.

Before Davila handed down his sentence, the courtroom was abuzz when the prosecuting attorney, John Bostic, claimed that Holmes once said: “They don’t put attractive people like me in jail.”

Holmes’ defense attorney, Kevin Downey, disputed the claim, saying that the prosecution never called any witnesses during trial who can testify to the alleged remark.

The sentencing marks an end to a saga that has been dissected in an HBO documentary and an award-winning Hulu TV series about Holmes’ meteoric rise and epic downfall.

Once valued at $9 billion, Theranos promised to revolutionize how patients receive diagnoses by replacing traditional labs with small machines envisioned for use in homes, drugstores and even on the battlefield.

Forbes dubbed Holmes the world’s youngest female self-made billionaire in 2014, when she was 30 and her stake in Theranos was worth $4.5 billion.

While wooing investors, Holmes leveraged a high-powered Theranos board that included former US Defense Secretary James Mattis, who testified against her during her trial, and two former US Secretaries of State, Henry Kissinger and the late George Shultz, whose son submitted a statement blasting Holmes for concocting a scheme that played Shultz “for the fool.”

Her lawyers had argued that Holmes deserved more lenient treatment as a well-meaning entrepreneur who is now a devoted mother with another child on the way.

Downey also asked Davila to consider the alleged sexual and emotional abuse Holmes suffered while she was involved romantically with Ramesh “Sunny” Balwani, who became a Theranos investor, top executive and eventually an accomplice in her crimes.

Balwani, 57, is scheduled to be sentenced Dec. 7 after being convicted in a July trial on 12 counts of fraud and conspiracy.

Holmes’ reporting date to begin her prison time could be the result of her second pregnancy in two years. After giving birth to a son shortly before her trial started last year, Holmes became pregnant at some point while free on bail this year.

Although her lawyers didn’t mention the pregnancy in an 82-page memo submitted to Davila last week, the pregnancy was confirmed in a letter from her current partner, William “Billy” Evans, that urged the judge to be merciful.

In that 12-page letter, which included pictures of Holmes doting on their 1-year-old son, Evans mentioned that Holmes participated in a Golden Gate Bridge swimming event earlier this year while pregnant.

He also noted Holmes suffered through a case of COVID-19 in August while pregnant. Evans didn’t disclose Holmes’ due date in his letter.

Downey painted Holmes her as a selfless visionary who spent 14 years of her life trying to revolutionize health care with a technology that was supposed to be able to scan for hundreds of diseases and other aliments with just a few drops of blood.

Although evidence submitted during her trial showed the tests produced wildly unreliable results that could have steered patients in the wrong direction, her lawyers asserted Holmes never stopped trying to perfect the technology until Theranos collapsed in 2018.

They also pointed out that Holmes never sold any of her Theranos shares — a stake valued at $4.5 billion in 2014 when Holmes was being hailed as the next Steve Jobs on the covers of business magazines.

Defending herself against criminal charges has left Holmes with “substantial debt from which she is unlikely to recover,” Downey wrote, suggesting that she is unlikely ever to pay any restitution that Davila might order as part of her sentence.

“Holmes is not a danger to society,” Downey wrote.

Federal prosecutor Robert Leach emphatically declared Holmes deserves a severe punishment for engineering a scam that he described as one of the most egregious white-collar crimes ever committed in Silicon Valley.

In a scathing 46-page memo, Leach told the judge he has an opportunity to send a message that curbs the hubris and hyperbole unleashed by the tech boom of the past decade.

Holmes “preyed on hopes of her investors that a young, dynamic entrepreneur had changed healthcare,” Leach wrote.

“And through her deceit, she attained spectacular fame, adoration, and billions of dollars of wealth.”

With Post Wires