Prosecutors push 15-year sentence for Theranos CEO Elizabeth Holmes
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Prosecutors push 15-year sentence for Theranos CEO Holmes
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Federal prosecutors are asking a federal judge to sentence disgraced Theranos CE0 Elizabeth Holmes to 15 years in prison. The document was filed Friday after Holmes' attorneys asked the judge for leniency, Assistant U.S. Attorney Robert Leach portrayed Holmes as a liar who duped investors in her failed blood testing company out of hundreds of millions of dollars and put the health of patients at risk by going to market with an unproven and unreliable medical device. He also asked that Holmes pay more than $800 million in restitution. Holmes was convicted early this year four felony counts of investor fraud and conspiracy and is set to return to court in San Jose, California on November 18 for sentencing.
Prosecutors push 15-year sentence for Theranos CEO Holmes
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