Theranos Founder Elizabeth Holmes Loses Bid to Avoid Prison

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Theranos Founder Elizabeth Holmes Loses Bid to Avoid Prison
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Disgraced Theranos CEO Elizabeth Holmes will remain free through the Memorial Day weekend before surrendering to authorities on May 30 to begin her more than 11-year prison sentence

The Fall of Theranos and the Future of Science In Silicon Valley

The punishment also includes a $452 million restitution bill that Davila ordered Holmes to pay in a separate ruling issued late Tuesday. Holmes, 39, became pregnant with William shortly before the start of her high-profile trial in September 2021 and became pregnant with Invicta shortly after she was convicted of crimes that could have resulted in a prison sentence of up to 20 years.The father of both children is William “Billy” Evans, whom she met after breaking up with her former romantic and business partner, Ramesh “Sunny,” Balwani, who began serving a nearly 13-year prison sentence last month in Southern California.

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