Elizabeth Holmes has been sentenced to 135 months, or just over 11 years, in prison, according to journalist John Carreyrou. She will have to report to prison on April 27th, 2023, and will have an additional three years of supervised release once she’s out, according to Yahoo Finance’s Alexis Keenan.
Judge Edward Davila, who has overseen the case, declared that the charges she had been found guilty of made her responsible for defrauding 10 victims out of $121 million, according to The New York Times’ Erin Griffith. Davila said that Holmes’ refusal to accept responsibility for the fraud counted against her in his sentencing decision, according to The Wall Street Journal.
A jury found Holmes guilty of three counts of wire fraud and one...
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