Theranos fraudster Elizabeth Holmes has prison sentence reduced again
Theranos fraudster Elizabeth Holmes has prison sentence reduced again. It seems like the justice system has once again favored the rich and powerful. Holmes, who was found guilty of defrauding wealthy individuals, is now scheduled for release earlier than expected. The fact that her sentence has been reduced by more than four months is disheartening, especially considering the magnitude of the damage she caused.
Holmes was ordered to pay a hefty sum of $452 million in restitution to those she defrauded, but a judge delayed those payments due to her “limited financial resources.” It is disappointing to see that even in the face of such a significant financial obligation, she seems to be getting away with it.… Continue reading
John Q. Hosedrinker