SAN JOSE, CALIFORNIA - NOVEMBER 18: Former Theranos CEO Elizabeth Holmes (L) arrives at federal court with her partner Billy Evans (R) on November 18, 2022 in San Jose, California.
Holmes appeared in federal court for sentencing after being convicted SAN JOSE, Calif. - A judge ruled on Monday that Theranos founder Elizabeth Holmes must surrender April 27 to serve her sentence for felony fraud, denying her request to stay home as she appeals her conviction.
U.S. District Court Judge Edward Davila said he found Holmes was not a flight risk or danger to the community.But in his ruling, he also found that Holmes had not raised any substantial questions of law or fact that would be likely to result in a reversal of her jury’s fraud verdict or a new trial.A jury convicted Holmes, 39, in January 2022 of four counts of defrauding investors in her now-defunct Palo Alto startup through false statements about her company.
Davila sentenced her in November, but allowed her to stay free until April 27, likely because she was pregnant with her second child.