Elizabeth Holmes is expected to begin serving her 11-year sentence a week after Sunny Balwani, her ex and former Theranos COO, will report to prison.
Elizabeth Holmes is set to report to prison later this month after losing her bid to stay out while she appeals her conviction.
Late Monday, a judge denied the Theranos founder’s request to remain free on bail during her appeal. Holmes was convicted on four counts of fraud and conspiracy in January 2022. She was found not guilty on four other counts, and jurors couldn’t reach a unanimous verdict on the three remaining counts.
In November, Holmes was sentenced to 11.25 years in prison with 3 years of supervised release. She filed for an appeal in December, largely focused on the admission of evidence about whether Theranos devices „worked as promised.
