NYT TECHNOLOGY: Elizabeth Holmes’s Fraud Sentence Will Send a Message One Way or Another
By Erin Griffith
Section: Technology
Source: New York Times
Published Date: November 17, 2022 at 02:00AM
The actress Ricki Noel Lander said Ms. Holmes was “a trustworthy friend and a genuinely lovely person.”
And Channing Robertson, who was a professor of chemical engineering at Stanford University, commended Ms. Holmes for her “compassion for others.”
Their comments were part of a cache of more than 100 letters that were filed over the last week to a federal judge in San Jose, Calif., in an effort to reduce the punishment for Ms. Holmes, the founder of the failed blood testing start-up Theranos. In January, she was convicted of four counts of defrauding investors about Theranos’s technology and business dealings. She is scheduled to be sentenced for those crimes on Friday.
Ms. Holmes, 38, faces a maximum of 20 years in prison, according to federal sentencing guidelines for wire fraud. Her lawyers have requested 18 months of house arrest, while prosecutors have asked for 15 years of imprisonment. The probation officer in Ms. Holmes’s case has recommended a sentence of nine years.
The decision lies with Judge Edward J. Davila of U.S. District Court for the Northern District of California, who oversaw Ms. Holmes’s trial last year. In addition to the letters from her supporters asking for leniency, he is set to take into account lengthy memos filed by her lawyers and prosecutors, and will consider whether Ms. Holmes has accepted responsibility for her actions.
By Erin Griffith
Section: Technology
Source: New York Times
Published Date: November 17, 2022 at 02:00AM
Ms. Holmes, founder of the failed blood testing start-up Theranos, is scheduled to learn her fate on Friday. She faces a maximum of 20 years in prison.
Senator Cory Booker, Democrat of New Jersey, recently praised Elizabeth Holmes’s thoughtful focus and “determination to make a difference.”The actress Ricki Noel Lander said Ms. Holmes was “a trustworthy friend and a genuinely lovely person.”
And Channing Robertson, who was a professor of chemical engineering at Stanford University, commended Ms. Holmes for her “compassion for others.”
Their comments were part of a cache of more than 100 letters that were filed over the last week to a federal judge in San Jose, Calif., in an effort to reduce the punishment for Ms. Holmes, the founder of the failed blood testing start-up Theranos. In January, she was convicted of four counts of defrauding investors about Theranos’s technology and business dealings. She is scheduled to be sentenced for those crimes on Friday.
Ms. Holmes, 38, faces a maximum of 20 years in prison, according to federal sentencing guidelines for wire fraud. Her lawyers have requested 18 months of house arrest, while prosecutors have asked for 15 years of imprisonment. The probation officer in Ms. Holmes’s case has recommended a sentence of nine years.
The decision lies with Judge Edward J. Davila of U.S. District Court for the Northern District of California, who oversaw Ms. Holmes’s trial last year. In addition to the letters from her supporters asking for leniency, he is set to take into account lengthy memos filed by her lawyers and prosecutors, and will consider whether Ms. Holmes has accepted responsibility for her actions.
https://www.nytimes.com/2022/11/17/technology/elizabeth-holmes-sentencing-theranos.html
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