Elizabeth Holmes appealed her criminal fraud conviction, two weeks after she was ordered to serve 11 1/4 years in prison for deceiving investors in her blood-testing startup Theranos Inc.
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Legal experts said her appeal was widely expected and faces long odds because US District Judge Edward Davila went to great lengths to be fair to both sides starting when Holmes was indicted in 2018, continuing through her four-month trial late last year and concluding with her sentencing last month.
“This sentence is bullet-proof on appeal,” said Seth Kretzer, a criminal defense lawyer not involved in the case. “The end of this long case is drawing near.”
Source: Elizabeth Holmes Appeals Theranos Fraud Conviction, Prison Term – Bloomberg
