Post New Article

Theranos founder Elizabeth Holmes sentenced
to 11 years in prison for fraud

Original Article

Posted By: zephyrgirl, 11/19/2022 8:17:26 AM

Elizabeth Holmes, the disgraced Theranos founder who was once compared to Steve Jobs before she was convicted of defrauding investors who backed the now-defunct blood-testing company, was sentenced to more than 11 years in prison on Friday. The pregnant Holmes, dressed in a dark blouse and black skirt, was given 135 months behind bars by US District Judge Edward Davila in the same San Jose, Calif., courtroom where a jury convicted her on four counts of investor fraud and conspiracy in January.


Less than she deserved.

Post Reply

Reply 1 - Posted by: Bur Oak 11/19/2022 8:53:39 AM (No. 1337497)
She'll be out in six years.
15 people like this.

Reply 2 - Posted by: VAPMAN 11/19/2022 8:55:56 AM (No. 1337505)
She was a fraud from the start. There never were any scientific discoveries to back up what she claimed to be able to do. Yet she was able to enrich herself with billions of investment from celebrity rich people who fell for her crap. She ought to get together with the crypto FTX fraud and compare notes.
22 people like this.

Reply 3 - Posted by: winmag 11/19/2022 9:07:35 AM (No. 1337515)
Surprised an Obama supporter got any jail time.
20 people like this.

Reply 4 - Posted by: padiva 11/19/2022 9:07:43 AM (No. 1337516)
Making babies doesn't keep you out of prison. Ya gotta love the women's liberation movement! I wonder what will happen to her business partner....
10 people like this.

Reply 5 - Posted by: konocti95 11/19/2022 9:21:51 AM (No. 1337527)
18 months on an ankle monitor at home.... sure! Why not? It's not like she's some mid-west grandmother who went to Washington DC for the weekend.
16 people like this.

Reply 6 - Posted by: janjan 11/19/2022 9:31:38 AM (No. 1337535)
She got 11 years because of the high powered people she defrauded. If her victims had been regular Americans she’d be out on probation.
15 people like this.

Reply 7 - Posted by: Sully 11/19/2022 9:44:03 AM (No. 1337547)
Hmmm. Pregnant. Did she take the test in public with her own invented device? Could there be a fat suit involved? Just being thorough...
11 people like this.

Reply 8 - Posted by: Dodge Boy 11/19/2022 9:51:11 AM (No. 1337554)
Imagine what it will be like when Holme's kids are in school and their friends start asking questions - 1. Where does your mom live? The joint. 2. How big is her house at the joint? 8 ft. x 8 ft. 3. What does she do for a living? Nothing now. Before she cheated people out of billions of dollars. 4. Why does she wear the same clothes every day? It's all they have. 5. Where do you live? The joint. 6. Can I come over and play with you? Not sure. The joint closes at 5. Holmes deserves every day in the joint.
12 people like this.

Reply 9 - Posted by: DVC 11/19/2022 9:59:05 AM (No. 1337569)
I agree with OP on this evil scammer.
11 people like this.

Reply 10 - Posted by: SkeezerMcGee 11/19/2022 10:04:34 AM (No. 1337583)
Poor Elizabeth. She lives like Marie Antionette in an opulent mansion, but it's predicted that she will never be able to pay any restitution. She will probably serve less than 6 years and thereafter live a life of luxury. The judge actually said, “This is a fraud case where an EXCITING VENTURE went forward with great expectations only to be dashed by untruths, misrepresentations, plain hubris and lies,” An exciting adventure?!!! When Holmes was a freshman at Stanford, a tenured Stanford professor (and medical doctor expert regarding blood testing) advised Holmes that it is impossible to use a few drops of blood to diagnose diseases. This professor, and apparently no individual employed by, or otherwise associated with, any entity that annually performs millions of blood tests, blew any whistle. Why? Because lawyers retained by Theranos - by terrifying letters - threatened to sue any such whistle blower into bankruptcy. A grandson of former Secretary of State, George Schultz, was employed by Theranos, whereby he discovered Holmes' ongoing fraud. Schultz's grandson received such a letter, whereby he was traumatized. In spite of his fear, the grandson courageously blew the whistle.
15 people like this.

Reply 11 - Posted by: PeteRieck 11/19/2022 10:07:05 AM (No. 1337590)
Having watched an expose' and read the book, I am really struggling to understand how supposedly intelligent investor-guru types were sucked in. Her professor smelled a rat right up front in the early days. The "box" looked like something Mr Rogers and kids would make out of a shoe box to pretend. "Just insert a drop and Viola'! out comes a comprehensive report of all of a patient's ills" Not even a basic explanation of the mechanics of "how" it worked, just that "trust us, it works!" Maybe I am just naive or pessimistic.
15 people like this.

Reply 12 - Posted by: marbles 11/19/2022 10:22:35 AM (No. 1337615)
She succeeded because a lot of so called smart people with big bucks wanted to in on the latest shiny new thing. NONE of them did due diligence. Barnum was right about suckers , this was a high tech con game.
15 people like this.

Reply 13 - Posted by: bighambone 11/19/2022 10:54:39 AM (No. 1337655)
Biden will probably let her out of prison using her pregnancy as an excuse. That action would surely make her a lifelong Democrat supporter and voter after she gets her voting rights returned.
7 people like this.

Reply 14 - Posted by: LadyVet 11/19/2022 10:57:43 AM (No. 1337661)
She will be out before that retired Air Force officer who was sentenced to several years in prison for walking through the capitol after the "riot" on Jan 6.
16 people like this.

Reply 15 - Posted by: Highlander 11/19/2022 11:10:16 AM (No. 1337675)
She has the characteristics of a sociopath.
12 people like this.

Reply 16 - Posted by: Zeek Wolfe 11/19/2022 11:14:23 AM (No. 1337680)
Holmes made a critical error: She failed to make huge donations of money to the Democrat party and its candidates. If she does that, her problems evaporate or at worst she gets probation and home confinement.
8 people like this.

Reply 17 - Posted by: cold porridge 11/19/2022 11:35:46 AM (No. 1337703)
One down, now go get the rest of the democommies.
8 people like this.

Reply 18 - Posted by: Heil Liberals 11/19/2022 11:56:49 AM (No. 1337724)
She will do well in prison. She will build a network, and when she gets out in seven years, she'll be ready to hit the ground running with her new friends.
7 people like this.

Reply 19 - Posted by: lakerman1 11/19/2022 1:03:01 PM (No. 1337775)
To add to #11's excellent post, the attorney used to scare any employee who was worried about the fraud? David Boies, who represented A l Gore in 2000. During the time whe this girl's publicity was cooking, I looked at what she proposed. nd I scoffed at her technique. Part of the time I was in the USAF, I worked as a medical lab technician, and knew that finger sticks are less reliable than blood draws, for technical reasons. She may have convinced herself, at first, that she had really created something, but fairly early on, she knew she was a fraudster. There was a bartender in Pittsurgh, Pa, who creaed a company called BioControl Technology, which worked on creating a device that would measure blood sugar through the skin - a marvelous invention for diabetics.The Company, located in a small town about 50 miles from Pittsburgh, lasted for two decades, and the owner sold non voting stock all over theorld. He extracted millions from his company, and even changed the name of it to BiCo, to sound hip, and finally, clalled it BiCo.Com. The owner was eventually convicted of stock fraud, and was sentenced to 18 months in prison. In the cse of Theranos, American Greed did a good job in explaining her hustle. Too bad she had to rely on a 'woman wronged' defense. She shoud have manned up.
7 people like this.

Below, you will find ...
Most Recent Articles posted by "zephyrgirl"
Most Active Articles (last 48 hours)
Most Recent Articles posted by zephyrgirl"
Sunday schadenfreude: 96% of Disney’s
32,000-member Florida union reject its
contract offer
10 replies
Posted by zephyrgirl 2/5/2023 2:41:35 PM Post Reply
The Walt Disney Company is in a world of hurt in Florida. Having inserted itself into Florida politics by advocating injecting homosexual sex into K – 3rd grade classrooms, the company just lost its special privilege to act as the local government for its vast real estate holdings around Disney World. And now, the major union at Disney World has overwhelmingly rejected the company’s new contract offer. The New York Times reports:
4 officers indicted in Tyre Nichols death
had previous reprimands, suspensions by MPD
7 replies
Posted by zephyrgirl 2/3/2023 6:35:16 PM Post Reply
Four of the five former Memphis Police officers indicted for their role in the death of Tyre Nichols were suspended or received a written reprimand during their tenure with the department, with only one charged officer avoiding internal disciplined during his tenure. In personnel files obtained through a public records request by The Commercial Appeal, four officers were either reprimanded or suspended for their failure to report when they used physicality, failing to report alleged domestic violence, or for damages sustained to their squad cruisers.
Prince William 'pointed a finger' at Meghan
and called her 'rude' during furious row
sparked when Duchess told Kate she 'must
have baby brain because of her hormones',
new book claims
35 replies
Posted by zephyrgirl 1/5/2023 11:54:42 AM Post Reply
Prince Harry has sensationally claimed that his brother William called Meghan 'rude' and 'pointed a finger at her' during a furious bust-up after the Duchess of Sussex told Kate that she must have 'baby brain because of her hormones'. Details of the alleged row have appeared in Harry's bombshell memoir Spare, which has been published in Spain.
Dennis Prager: Leftists defend those who
won’t allow Conservative parents to
see them or their grandkids
15 replies
Posted by zephyrgirl 12/27/2022 11:39:50 AM Post Reply
My last column, “Why Many Conservatives Won’t Be with Their Children or Grandchildren This Christmas,” dealt with the issue of parents whose left-wing adult children have cut off all contact with their parents because the parents are on the Right — children who will not even allow their parents to have contact with their grandchildren. One would think that any person with a functioning conscience and a normal human heart would feel for these parents.
The Times Does the Twitter Files 5 replies
Posted by zephyrgirl 12/5/2022 12:13:09 PM Post Reply
New York Times media reporter Michael Grynbaum gives us the Times’s first take on the Twitter Files. RealClearPolitics links to an accessible version of Grynbaum’s story published at DNYUZ. Turning to the story posted here on the Times site, I see that Grynbaum’s story is published on page B5 of today’s Times. Between the national news and the sports section falls the shadow. Grynbaumn provides a bemused account of the suppression of the New York Post’s reporting on the Hunter Biden laptop and its contents.
Thieves caught on camera ransacking car
in Cherry Creek
5 replies
Posted by zephyrgirl 11/20/2022 11:14:02 AM Post Reply
DENVER (KDVR) – Video captured by a Cherry Creek resident shows thieves getting into the car and then callously taking what they please. The owner of the car said this has become a sad routine for him and his family. Working on his car has always been a pastime for Juergen Waldvogel. “This is the third time that we’ve experienced this in the last year, maybe two,” Waldvogel said. Unfortunately for him, he’s now dealing with thefts from those cars. His Cherry Creek home, near First Avenue and Steele Street, was the target of thieves.
Theranos founder Elizabeth Holmes sentenced
to 11 years in prison for fraud
19 replies
Posted by zephyrgirl 11/19/2022 8:17:26 AM Post Reply
Elizabeth Holmes, the disgraced Theranos founder who was once compared to Steve Jobs before she was convicted of defrauding investors who backed the now-defunct blood-testing company, was sentenced to more than 11 years in prison on Friday. The pregnant Holmes, dressed in a dark blouse and black skirt, was given 135 months behind bars by US District Judge Edward Davila in the same San Jose, Calif., courtroom where a jury convicted her on four counts of investor fraud and conspiracy in January.
Murder suspects in apartment arson just
12 and 14 years old
14 replies
Posted by zephyrgirl 11/8/2022 9:31:03 AM Post Reply
LAKEWOOD, Colo. (KDVR) — Two boys not old enough to get a driver’s permit now face two charges of first-degree murder and arson in a fire that killed a mother and her young daughter on Oct. 31. Both suspects appeared for their first court hearing Monday afternoon from a WebEx virtual link at the Jefferson County courthouse, where their ages were revealed as 12 and 14. The two were arrested on Sunday. Because of the ages of the juvenile suspects, their names cannot be released under Colorado law. A defense motion to close the court hearing to the media was denied.
Fires from exploding e-bike batteries
multiply in NYC — sometimes fatally
13 replies
Posted by zephyrgirl 11/1/2022 11:35:51 AM Post Reply
NEW YORK — Four times a week on average, an e-bike or e-scooter battery catches fire in New York City. Sometimes, it does so on the street, but more often, it happens when the owner is recharging the lithium ion battery. A mismatched charger won't always turn off automatically when the battery's fully charged, and keeps heating up. Or, the highly flammable electrolyte inside the battery's cells leaks out of its casing and ignites, setting off a chain reaction. "These bikes when they fail, they fail like a blowtorch,"
Biden is Destroying our Strategic Petroleum Reserve 20 replies
Posted by zephyrgirl 10/26/2022 11:27:51 PM Post Reply
The Strategic Petroleum Reserve (SPR) is a national treasure. Frighteningly, Biden is rapidly despoiling this treasure. The Reserve consists of four sites (Bryan Mound, Big Hill, Bayou Choctaw, and West Hackberry) with a combined storage capacity of 714 million barrels of crude oil. It is the largest strategic oil reserve in the world. The OPEC oil embargo of 1973 and the resultant oil crisis contributed to western governments’ recognition of how vulnerable their countries were to disruptions in Middle East oil.
Ex-POTUS Smackdown: George W. Bush Pops
Up to Campaign for Anti-Trump Candidate
Joe O’Dea
31 replies
Posted by zephyrgirl 10/17/2022 11:10:01 AM Post Reply
Former President George W. Bush is taking time away from his retirement to campaign for Senate candidate Joe O’Dea of Colorado — who has bucked his party by saying he would not support former President Donald Trump as the next GOP nominee. According to Bridget Bowman of NBC News, the last Republican president to win the popular vote at least once will come back out of retirement to campaign for O’Dea:
Charles heads to church alone in Balmoral
after his 'pain' at Harry and Meghan's
jibes and 'bewilderment' at their behaviour
was revealed - with Sussexes due in Windsor
today and royals braced for more bombshells
28 replies
Posted by zephyrgirl 9/4/2022 2:05:50 PM Post Reply
Prince Charles was pictured heading to church in Balmoral alone this morning after claims he continues to find Harry and Meghan's jibes at the royal family 'painful' and is 'completely bewildered' by their behaviour. The Prince of Wales drove himself to Crathie Kirk this morning, with no sign of the Queen, who is normally a regular attendee and has been dealing with mobility issues in recent months. It comes as the royal family, many of whom have spent the last few weeks in Balmoral during the summer break with Her Majesty, prepare for more bombshells following the arrival of the Sussexes in the UK.
Most Active Articles (last 48 hours)
Paul Ryan says he would not back Donald
Trump, if ex-president is GOP's 2024 nominee
53 replies
Posted by GustoGrabber 2/4/2023 12:48:15 PM Post Reply
Former U.S. House Speaker Paul Ryan is doubling down on his belief that former President Donald Trump is the wrong choice for Republicans in 2024, saying he would not support Trump if he becomes the Republican nominee for president. “There are too many people like me in the Republican Party who would not support him if he were the nominee, and that is why I don’t think he’ll be the nominee,” Ryan told the Milwaukee Journal Sentinel in an interview.
China Threatens Repercussions for Downed
Spy Balloon, Reserves ‘the Right to
Take Further Actions in Response’
49 replies
Posted by Imright 2/4/2023 11:00:51 PM Post Reply
WASHINGTON— The U.S. military on Saturday shot down a suspected Chinese spy balloon off the Carolina coast after it traversed sensitive military sites across North America. China insisted the flyover was an accident involving a civilian aircraft and threatened repercussions. President Joe Biden issued the order but had wanted the balloon downed even earlier, on Wednesday. He was advised that the best time for the operation would be when it was over water, U.S. officials said.(Snip) ..(Video) China responded that it reserved the right to “take further actions” and criticized the U.S. for “an obvious overreaction and a serious violation of international practice.”
Report: Biden Administration Tried to
Hide Chinese Spy Balloon from American Public
40 replies
Posted by FlyRight 2/4/2023 7:59:24 PM Post Reply
The Biden administration was aware of the Chinese spy balloon entering United States airspace on January 28 but tried to hide its existence from the American public until being forced to go public, according to a report on Saturday. Bloomberg News reported that the Biden administration was “well aware” that the balloon had entered U.S. airspace on Saturday, January 28, but decided to keep quiet about it so as not to ruin a planned trip by Secretary of State Antony Blinken to China.
Breaking News: Fighter jet shoots down
China spy balloon off the coast of South
Carolina after Biden vowed to 'take care
of it' and the FAA closed airspace and
three airports
39 replies
Posted by Imright 2/4/2023 3:07:25 PM Post Reply
Fighter jets shot down the Chinese spy balloon over the Atlantic today after Joe Biden vowed to 'take care of it' and the FAA shutdown three airports in the Carolinas. The balloon was seen bursting at 2.38pm and its payload - the metal structure carrying its cameras - appeared to have been separated as it plummeted towards the ocean off Myrtle Beach. The Biden administration confirmed the shoot-down order around 2pm after the President this morning vowed, 'We're gonna take care of it,' as he stepped off Air Force One at Hancock Field Air National Guard Base, upstate NY.
Democrat Tim Kaine’s Wife Denounces
Declaration of Independence, Constitution
as ‘Fundamental in Enshrining Slavery’
37 replies
Posted by Imright 2/4/2023 2:03:11 PM Post Reply
Anne Holton, wife of U.S. Sen. Tim Kaine (D-VA), denounced the Declaration of Independence and Constitution as “fundamental in enshrining slavery.” Holton made the comments as Virginia Gov. Glenn Youngkin’s (R) new history standards were approved 5-3 by the Commonwealth’s Board of Education, upon which she sits. She said: To an audience as inclusive as our Virginia is, you cannot reference the Declaration of Independence and the Constitution as ‘remarkable documents’ without also acknowledging that they [are] fundamental in enshrining slavery, and limiting the protections that they provided only to white property-owning men.
January’s ‘too good to be true’
jobs report was based on 'adjustments'
34 replies
Posted by Magnante 2/4/2023 7:54:38 AM Post Reply
Bloomberg, which exists to serve active traders on Wall Street, is throwing shade on the January jobs report that “surprised” a lot of people with its positive numbers. Before addressing the technical factors used to produce the rosy numbers, consider the buried lede hundreds of words into the piece. Stripped of all the technical jargon is this stark reality: "On an unadjusted basis, payrolls actually fell by 2.5 million last month."
Biden praises Top Gun F-22 fighter jet
pilot who shot down China spy balloon
off the coast of South Carolina with a
single missile - after the President vowed
to 'take care of it' and the FAA closed
airspace and three airports
32 replies
Posted by Imright 2/4/2023 5:42:43 PM Post Reply
Joe Biden praised the Top Gun fighter jet pilot who shot down the Chinese spy balloon off the coast of South Carolina today after he vowed to 'take care of it.' An F-22 Raptor out of Langley Air Force base took the balloon down with a single AIM-9X sidewinder missile at 2.38pm, separating its surveillance payload and sending it plummeting towards the ocean off Myrtle Beach. Footage showed the jet screaming towards the spy aircraft before firing the missile as stunned locals watched from the coast.  An operation was underway to recover the wreckage and retrieve any valuable intelligence before it sinks into the ocean.
Houston activists call for arrest of armed
taqueria diner who shot, killed robbery suspect
28 replies
Posted by Hazymac 2/5/2023 11:14:35 AM Post Reply
Community activists in Houston are calling for a restaurant patron who shot and killed a robbery suspect during a holdup to be arrested, saying he went beyond self-defense despite many calling him a hero. Customers were eating inside a local taqueria when 30-year-old Eric Eugene Washington entered and pointed a pistol at them and demanded cash. As he gathered the cash, an armed patron can be seen on surveillance video getting up from the booth he was sitting in and shooting his pistol at Washington multiple times. "He was within the law when he fired the first initial shots," said activist Quanell X in a
Are Mask Wearers More Self-Conscious Than Others? 28 replies
Posted by Hazymac 2/5/2023 9:28:55 AM Post Reply
Three years after the start of the COVID-19 pandemic, it’s not uncommon to see people wearing masks in public. I try not to judge people when I see someone wearing a mask; after all, the person may have a legitimate need to wear a mask. But what I’ve noticed is that there seem to be a lot of healthy younger people — teenagers and people in their early 20s — who wear masks often, and I have a difficult time understanding it. I’ve had a theory about this phenomenon for some time. I think some people like to keep masking because it makes them feel anonymous. I’m convinced that some people
Pentagon Reveals Why It Waited Days To
Shoot Down Chinese Surveillance Balloon
28 replies
Posted by Imright 2/4/2023 7:04:39 PM Post Reply
The U.S. was able to collect valuable information on China’s surveillance capabilities while observing the spy balloon as it traversed the continental U.S. for several days, a senior military official and senior defense official claimed Saturday. President Joe Biden asked for possible military options for removing the threat of the suspected Chinese spy balloon Tuesday, but the Department of Defense (DOD) opted against doing so Wednesday over concerns falling debris could endanger civilians, officials said at a briefing Saturday. However, they did not clarify whether a military option was considered when the craft transgressed U.S. airspace over Alaska’s Aleutian Islands on Jan. 28,
Marjorie Taylor Greene takes below the
belt swipe at Eric Swalwell in vicious tweet
27 replies
Posted by ConservativeYankee 2/4/2023 7:17:30 AM Post Reply
Far-right Rep. Marjorie Taylor Greene took a below-the-belt shot at one of her congressional colleagues Friday in a spicy Twitter exchange. The Georgia Republican invoked Rep. Eric Swalwell’s (D-Calif.) purported dalliance with suspected Chinese honeytrap Christine Fang, aka Fang Fang, after the California Democrat made a bawdy joke at the expense of Rep. Andrew Clyde (R-Ga.), who has spent the week passing out AR-15-shaped lapel pins to pro-Second Amendment House members.
White female professor endeavors to help
‘damaging’ white people dismantle
their ‘whiteness
26 replies
Posted by mc squared 2/5/2023 12:33:31 PM Post Reply
A white, female Willamette University professor is scheduled to host a veritable struggle session this month at a local library “for white people to reflect together on what it means to ‘do our work’ as white people.” The professor, Emily Drew, predictably “teaches courses about racism, white supremacy, immigration, and social change,” according to a biography. “Her research agenda revolves around understanding how race and racism get institutionalized, with the goal of helping to illuminate more effective strategies for interrupting systemic inequality,” the biography reads. She also performs work for Crossroads, an “antiracism” consulting form whose mission centers on “dismantling racism” and “building racial justice in institutions.”
Post New Article