Rantburg

Today's Front Page   View All of Wed 05/28/2025 View Tue 05/27/2025 View Mon 05/26/2025 View Sun 05/25/2025 View Sat 05/24/2025 View Fri 05/23/2025 View Thu 05/22/2025
2023-01-21 -Lurid Crime Tales-
Elizabeth Holmes Tried To Flee Country After Conviction, Prosecutors Say
[ZH, et al.] Disgraced Theranos founder Elizabeth Holmes attempted to flee the United States after her January 2022 fraud conviction, prosecutors said in a new court filing.

Holmes was convicted on three felony counts of wire fraud and one count of conspiracy to commit wire fraud. Those charges sprang from her misleading of investors in the startup company's blood-testing technology. Her conviction capped her stunning downfall from darling of the media and powerful individuals to prison-bound felon.

In November, a federal judge sentenced Holmes to 11.25 years in prison, but she isn't behind bars yet. The judge ordered her to surrender herself to prison on April 27. The delay was meant to allow time for Holmes to deliver her second baby.

Now, her lawyers have asked the judge to let her remain free while her conviction appeal is adjudicated, and they also want him to ease restrictions on her travel.

Arguing against that request, government prosecutors told the judge that Holmes made "an attempt to flee the country shortly after she was convicted":

"The government became aware on January 23, 2022, that Defendant Holmes booked an international flight to Mexico departing on January 26, 2022, without a scheduled return trip. Only after the government raised this unauthorized flight with defense counsel was the trip canceled."

The government says her partner, William Evans, also bought a one-way ticket which he used on Jan 26, returning "approximately six weeks later...from a different continent."

Last January, Holmes' lawyer told prosecutors that she made the reservation before the verdict, intending to attend a friend's wedding. However, the verdict was handed down on Jan. 3 and prosecutors say the ticket was purchased Jan. 23.

Prosecutors noted that, beyond the suspicious ticket purchase, her flight risk is magnified by her continued access to significant financial resources:

"(Holmes) has lived on an estate for over a year where, based upon the monthly cash flow statement (Holmes) provided to the U.S. Probation Office, monthly expenses exceed $13,000," prosecutors wrote in the filing.
I'd even be cool with her and SBF sharing a prison cell so they can talk about their Dem connections, but I'm not so sure SBF even sees a court room.
Posted by DooDahMan 2023-01-21 13:02|| || Front Page|| [11134 views ]  Top

#1 Is her elite $$$$$ mentality so deep, she couldn't comprehend even riding 1st Class on Amtrak to San Diego and driving across the border? Total cost <$500 including Rental car
Posted by NN2N1 2023-01-21 15:28||   2023-01-21 15:28|| Front Page Top

#2 "monthly expenses exceed $13,000"

I don't think I could spend that much per month if I tried.
Posted by DooDahMan 2023-01-21 16:05||   2023-01-21 16:05|| Front Page Top

07:22 NN2N1
07:18 trailing wife
07:14 Richard Aubrey
07:10 NN2N1
07:09 Besoeker
07:03 NN2N1
06:58 NN2N1
06:58 Besoeker
05:28 Whiskey Mike
05:23 Whiskey Mike
05:21 Whiskey Mike
05:18 Whiskey Mike
05:15 Whiskey Mike
05:13 Whiskey Mike
05:08 Whiskey Mike
05:05 Whiskey Mike
05:03 Whiskey Mike
03:23 Besoeker
02:05 Grom the Affective
02:04 Grom the Affective
01:26 49 Pan
00:22 EMS Artifact
00:16 Skidmark









Paypal:
Google
Search WWW Search rantburg.com