Elizabeth Holmes Asks For 18 Months Home Stay Instead of Jail After the Former Theranos CEO Was Convicted of Fraud
“We acknowledge that this may seem a tall order given the public perception of this case,” the filing said, per Bloomberg.
It asked for her to serve 18 months confined in her home.
In addition, 130 people connected to the founder, including former Theranos investors and family and friends, submitted letters in her support. According to the filing, Holmes’ “real” identity has been obscured by media vitriol. “
Holmes founded Theranos in 2003 and claimed the company had a revolutionary test that could use a much smaller amount of blood to test for a wider range of illnesses, including cancer, and raised $700 million for the company. She was extensively profiled in Fortune in 2014, which boosted her profile enormously.
Her company was valued at nearly $9 billion at that time.
Holmes was convicted of four fraud-related counts in January The story in part was recounted in Hulu’s “The Dropout” where Amanda Seyfried won an Emmy for playing the founder. According to the outlet, Holmes was able to discuss again her claims of being emotionally and physically abused in the filing. He was convicted in a different trial in July of 12 counts of fraud.
Holmes’ team also said, per Bloomberg, that she’s become a sexual violence crisis counselor.
The filing is a bit of a hailmary. According to the outlet, some of the fraud charges she was convicted of include minimum sentences of nine year. The prosecution must still make recommendations to U.S. District Judge Edward Davila for a prison sentence.
This week, Holmes’ team failed to get a new trial after claiming a key witness might have been pressured by the prosecution.
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The author of 5 books, 3 of which are New York Times bestsellers. I’ve been published in more than 100 newspapers and magazines and am a frequent commentator on NPR.