Elizabeth Holmes.Photo: Yichuan Cao/Getty Images
Elizabeth Holmes, the disgraced founder of Theranos, is scheduled to report to prison today.
Themom of twowill begin her 11-year, 3-month sentence at a minimum-security prison in Bryan, Texas,CNBCreports.
Holmes’ attorneys filed a132-page appealin April asking for a reduction in prison time after claiming the conviction was unjust and that Holmes did not intend to deceive investors, PEOPLE previously reported.
“The government’s case largely parroted the public narrative,“the appeal says. “The government put front and center the claim that Holmes knowingly and intentionally misrepresented to investors the capabilities of Theranos’s technology.”
Her request to stay out of prison while she appeals the conviction was denied.
Elizabeth Holmes.Philip Pacheco/Getty
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Holmes was tried on 11 counts of fraud for claims made to investors and patients of her Silicon Valley company. The jury found Holmes guilty of four of the charges — three counts of wire fraud and one count of conspiracy to commit wire fraud.
Prosecutors accused her oftrying to flee to Mexicoafter she was convicted in January 2022.
source: people.com
