Theranos Fraudster Elizabeth Holmes Tried Fleeing The Country After Conviction, Court Filings Reveal

Former Theranos CEO Elizabeth Holmes Lawyers Thursday said she tried to flee after being found guilty of multiple charges.

The disgraced biotechnology entrepreneur is convicted On four counts of wirefraud in January 2022, was sentenced In November, a maximum of 11 years was possible in prison. In November, federal prosecutors disclosed that they had arrested 11 people. court document Holmes asked for her release in the midst of an appeal. She responded. “booked an international flight to Mexico” In January 2022, without arranging a return trip. The purchase was cancelled after being notified by the defense counsel.

“The government anticipates Defendant will note in reply that she did not in fact leave the country as scheduled,” The document was added. “but it is difficult to know with certainty what Defendant would have done had the government not intervened.”

According to the document, William “Billy” Evans, who was married to Holmes in 2019, may have fled the country “on the scheduled date with a one-way ticket and did not return until approximately six weeks later, returning from a different continent.” Officials claimed that Holmes was innocent “continues to show no remorse to her victims” He is currently looking to “loosen the restrictions placed on her region of travel based upon vague references to her partner’s work commitments.” Evans, her heir to a substantial hospitality fortune, was expecting their second child so she was granted a more lenient sentence.

“Defendant, however, cannot meet the stringent standard for release pending appeal mandated by Congress. There are not two systems of justice, one for the wealthy and one for the poor, there is one criminal justice system in this country. And under that system, the time has come for Elizabeth Holmes to answer for her crimes committed nearly a decade ago,” Continue reading the document.

Holmes deceived investors into believing that her company’s portable blood analyzer could conduct comprehensive medical tests with mere drops of blood. Her collapsed empire once secured a $9 billion valuation, and she was previously touted by Forbes as the world’s youngest self-made female billionaire.

Stanford University graduate, she managed to get several prominent political and business leaders backing her firm. These included former Secretary of State George Shultz (previous Secretary of State) and former Defense Secretary James Mattis (previous Defense Secretary). She also had close ties with the Clinton family, hosting a fundraiser in 2016 for Hillary Clinton.

Theranos machine production delays led to the company being forced to close. secretly use Siemens and other established firms have traditional blood testing machines that can complete tests for their partners. In the absence of a functioning device, Holmes still convinced board members, prospective investors, and journalists that her company’s product had been finished.

Ramesh “Sunny” Balwani, Holmes’ former romantic and business partner, was sentenced to almost 13 years imprisonment. Holmes tried to blame Balwani, the former business and romantic partner of Holmes, for her abuse during her trial. text messages between the pair showed a meaningful relationship despite Balwani’s reputation for treating employees poorly.

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