Theronos Founder Suffering in Federal Prison

#27
#27
The Britney Griner voice adopted by Holmes was called a fraud from the beginning by a Stanford professor.

Now why would you say Brittany Griner voice? Are you trying to say that she specifically tailored her voice after what was then a teenage women's BB player? Or are you just trying to relate two women you disapprove of with a catty comment?
 
#28
#28
Correct me if I'm wrong, but you are white aren't you?
I love how white people virtual signal about how bad their own race is, but it's okay to be white as long as you condemn white people.
Wonder if evil one treks out on the weekend to kiss and polish black boots ?
 
#29
#29
Now why would you say Brittany Griner voice? Are you trying to say that she specifically tailored her voice after what was then a teenage women's BB player? Or are you just trying to relate two women you disapprove of with a catty comment?

I thought she sounded more like a stoner teenage boy. Spicoli comes to mind.
 
#32
#32
Theranos Fraudster Elizabeth Holmes' 11-year Jail Sentence Has Already Been Slashed By Two Years, prison records show

Theranos fraudster Elizabeth Holmes' 11-year federal prison sentence has already been slashed by two years, prison records indicated.

Holmes' profile on the Bureau of Prisons website now states she has nine years, six months and 29 days on her sentence. Her projected release day is now December 19, 2032.

The mother-of-two was found guilty last year of four fraud-related counts and was sentenced to just over 11 years in prison - a sentence she began on May 30.

According to the website, federal prisoner number 24965-111, i.e. Holmes, will be released from Federal Prison Camp in Bryan, Texas, ahead of schedule.

She was jailed more than a year after a jury convicted her on four felony counts of fraud and conspiracy in January 2022. She was sentenced in November after defrauding investors out of $945 million.

71579389-12284673-Elizabeth_Holmes_arrives_at_the_minimum_security_federal_women_s-a-13_1689027509615.jpg

Elizabeth Holmes arrives at the minimum-security federal women's prison camp after scamming the tech world with her start-up, Theranos

The Bureau of Prisons told DailyMail.com: 'For privacy, safety, and security reasons, our office does not comment on the conditions of confinement for any inmate, including release planning or release plans.'

It's unclear what specifically led to the two years being reduced from her sentence.

Theranos fraudster Elizabeth Holmes' 11-year jail sentence has already been slashed by two years | Daily Mail Online
 
#33
#33

Walgreens is ordered to pay $44 MILLION to settle Theranos fraud claims after customers accused company of being 'willfully blind' to Elizabeth Holmes' fraud​

Walgreens' holding company Walgreens Boots Alliance Inc. has agreed to pay $44million in settlement money to quash a class action lawsuit filed by those who purchased faulty Theranos blood tests from its pharmacies.

The proposed settlement still needs court approval, but was aired in a memorandum left with an Arizona federal judge on Wednesday.

News of the settlement comes days after the chain abruptly parted ways with its CEO after less than three years, and a full seven years after the class action was filed by seven lead plaintiffs in 2016.

It also comes less than a year removed from the day the woman behind the phony tests, 39-year-old Elizabeth Holmes, was sentenced to 11 years and 3 months in federal prison for defrauding investors.

The biggest of those investors, by far, was Walgreens - which entered an agreement with Holmes' Theranos in 2013 to conduct pilot testing in stores in Arizona and California. That partnership came apart when the Steve Jobs wannabe's fraud surfaced in 2015, and her products were found to be inaccurate and unreliable.


 
#34
#34
I followed this from the beginning. It is utterly unbelievable how many "intelligent" people fell for her scam. From Walgreens to Henry Kissinger to Jim Cramer, and an abundance of others.
Intelligent people - but none had healthcare (or more specifically medical device) experience. There's a reason none of the existing players in that space had anything to do with her.
 
#38
#38

Elizabeth Holmes Banned From Federal Health Programs For 90 Years​


Federal regulators announced Friday that convicted fraudster Elizabeth Holmes, founder of the defunct blood testing company Theranos, has been banned from participating in federal health programs for 90 years, effectively a lifetime ban.

The Office of Inspector General (OIG) for the Department of Health and Human Services (HHS) cited Holmes’s 2022 conviction for fraud and conspiracy to commit wire fraud as the reason for her ban.

Holmes was sentenced to roughly 11 years in prison — starting in May 2023 — for lying to investors about the capabilities of her blood-testing technology. That sentence was reduced by two years in July.

OIG exclusion from federal health care programs means Holmes will not be eligible to receive benefits through programs like Medicare or Medicaid. She will also not be able to work for an entity that receives federal health care funding apart from some limited circumstances.

 

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