Elizabeth Holmes Theranos fraud to 11 years imprisonment
Elizabeth holmes theranos, who was the youngest female billionaire, was sentenced to 11.25 year imprisonment and three years of supervised freedom. She was found guilty of four of the 11 charges related to defrauding investors at her trial. However, she was not found guilty for defrauding patients.
Holmes, the former CEO and founder of Theranos could have been sentenced to up to 20 years for each of these four charges. Martin Shkreli, a former executive at pharmaceutical companies, was sentenced to seven-years in prison for securities fraud. However, he was freed after just a little more than four years.
Both sides in United States vs. Elizabeth holmes theranos argued that Judge Edward Davila could consider Holmes’ “reckless disregard of patients” when determining sentencing. Davila declined to accept this proposal since Holmes was only found guilty at the initial trial of defrauding investors.
Holmes was sentenced to four hours. Alex Schultz was the father of Tyler Schultz and he told the court how his son had slept with a knife underneath his pillow because he believed he was being watched by Theranos’ private detectives.
Alex Schultz claims that Holmes hired an investigator in order to track his son Tyler Schultz. He slept with a knife underneath his pillow because he believed someone was going to murder him. He claims that Elizabeth holmes theranos and her lawyers desecrated his family home.
— Dorothy Atkins (@doratki) November 18, 2022
Holmes spoke next. Holmes said, “I regret all my mistakes with every cell in my body.” Judge Davila then delivered his verdict.
Elizabeth holmes theranos is expected to report for prison in April
Fraud at Theranos
After dropping out from Stanford, Holmes founded Theranos. After dropping out of Stanford, Holmes pitched investors and partners for technology that would revolutionize healthcare.
Instead of drawing blood intravenously and waiting days to see the results, her technology would only prick a small amount of blood and immediately run dozens of tests. She was soon the CEO of a company valued at $10 billion, but the technology failed.
Theranos is now defunct, but Holmes’ criminal case against Holmes began last fall after delays caused by the pandemic and her birth of her first baby.
A letter from Holmes’ husband, which was included in a public court file, stated that she is currently pregnant with her second child.
This filing contains 282 pages of letters from Holmes’ family, friends and business associates. They include photos and drawings from her childhood and notes from prominent supporters such as Senator Cory Booker (D–NJ) or venture capitalist Tim Draper.
Draper stated that “While there is a lot of public outcry against Theranos Elizabeth, the attitude is much different in many of the venture industry.” “Venture-backed startups often announce and deliver products before they are ready.”
The sentencing of the former CEO was delayed further by her lawyers requesting a new trial. They claimed that new evidence had been discovered after Adam Rosendorff, former Theranos laboratory director, visited Holmes at his home to seek closure.
Rosendorff was a Theranos employee between 2013-2014 and testified six days during Holmes’ four month trial. Rosendorff’s highly technical knowledge of Theranos’ labs was crucial to the trial.
He testified that Holmes knew Theranos’ technology could produce inaccurate results from blood tests, but she insisted on its use for patients. He quit Theranos after repeatedly raising concerns about the flawed technology.
Holmes’ lawyers claimed that Rosendorff made Theranos look worse when he visited her summer home. These allegations were not supported by Judge Edward Davila.
Rosendorff confirmed that the testimony from last year was true. Rosendorff clarified that he felt sorry about Holmes’ child and would not wish to see her go to prison.
Ramesh Balwani, Holmes’ ex-boyfriend and Theranos COO awaits sentencing. In his own trial, he was found guilty on 12 of the 12 charges. The jury also found him guilty for defrauding investors and patients.
The fraud trial of Elizabeth holmes theranos has been the talk in Silicon Valley, and on Twitter. The trial lasted four months and was so popular, journalists had to get up at 3 AM to ensure they could get in the courtroom to do their jobs. You can read more about it here
Elizabeth holmes theranos, founder and CEO of Theranos, has been found guilty. The jury reached a verdict after seven days of deliberations and four months of court proceedings.
This verdict will have long-lasting implications for Silicon Valley and the rest of Silicon Valley. For two charges, the former youngest and most successful female self-made billionaire was convicted. Continue reading
Bruce Willis’ family commemorates actor’s birthday with touching social media posts
On Sunday, Bruce Willis celebrated his 68th birthday. His family and close friends, such as wife Emma Heming and ex-wife Demi Moore, joined in on the celebration online to remember this icon who is suffering from frontotemporal dementia (FTD).
In 2022, the “Die Hard” star’s family announced that he would be retiring from acting due to aphasia. In February of this year, however, it was revealed that Bruce Willis‘ condition had worsened and he now suffers from Frontal Temporomandibular Dementia (FTD), an advanced form of dementia.
On Sunday, Heming shared an inspiring message on social media about the struggle of having a loved one suffering from such an incurable illness
“Today is my husband’s birthday. I started the morning by crying,” Heming said in a video posted to her verified Instagram account. “People always tell me ‘Oh my goodness’ and ‘I don’t know how you do it.’ Unfortunately, that isn’t an option – although I wish it were raising two kids is tough enough as it is,” she continued.
Heming expressed her appreciation to their followers, noting the love and warmth “directed at my husband and our family,” as well as how this connection helps her.
Demi Moore posted a video to Twitter celebrating Willis’ 68th birthday, in which he and his family can be heard joyfully singing “happy birthday” before the 68-year-old blows out the candles on his cake.
Prior to this year, Willis’ family made it known that he would use his platform for raising awareness about FTD.
“We know in our hearts that, if he could today, he would want to bring global awareness and foster connections with those dealing with this debilitating disease and how it impacts so many individuals and their families,” they stated.
Where Is Shelly Miscavige Today? Who is Shelly Miscavige? Is She Dead?
Now days a news going on twitter Where Is Shelly Miscavige? Wife of Scientology Leader Missing for Over a Decade? If you are searching for Shelly Miscavige wife of Scientology leader has been missing for over two decades now, don’t fret: her whereabouts remain unknown.
Scientology is one of the world’s most mysterious religions. With its enormous celebrity following and influence in Hollywood, it’s become an unstoppable force. David Miscavige is currently leading the Church of Scientology as Chairman of the Board of Religious Technology Center; leading to numerous conspiracy theories both about his personal life and that which he practices.
With such an enigmatic landscape comes a haunting question about David and Shelly Miscavige’s marriage. Her absence of over ten years has caused widespread speculation that she has either vanished or “sent away.” Thousands are curious to know what has become of Shelly – what happened to her and where is she now? Keep reading to uncover more shocking details regarding Shelly’s mysterious disappearance.
Where Is Shelly Miscavige Today?
Rumors swirl that Shelly may be staying at a Church of Scientology compound hidden away in Lake Arrowhead’s wooded hills.
“I don’t know,” Leah confessed, “where Shelly is now.” She filed a police report but the person in charge said it was classified – an unusual occurrence – so all they could give me was ‘She was fine.’ To prove it, I wanted to know who spoke to her; was she alone and okay, or were you sure you weren’t talking to someone representing her?”
“So I didn’t get those specifics and the church is now claiming I filed an unfounded report,” Leah explained. “They used that to insinuate that I did it on purpose and knew where she was.”
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Who is Shelly Miscavige?
Michelle is the wife of David. They wed in 1980 and since then Shelly has served as Chairman of the Board assistant. Vanity Fair once dubbed her “the First Lady of Scientology.”
Shelly is believe to be the driving force behind Tom Cruise and Katie Holmes’ marriage, as after Tom broke up with his former girlfriend Penelope Cruz, Shelly allegedly spearheaded a Church program with the purpose of finding Tom a new partner. Actresses “auditioned” for an unknown project which ultimately culminated in Tom dating and marrying Katie.
What Does Shelly Miscavige Look Like?
In 2016, a source reported seeing Shelly near the Church of Spiritual Technology in Crestline, California. They described her as looking “thin,” “frail,” and almost homeless.”
“She was a thin, smaller woman being led away by two men,” the source reported. “Disheveled. Almost like she was addicted to drugs or homeless.”
Are Shelly Miscavige Dead?
Leah Remini’s fallout with Scientology began when she inquired about Shelly’s whereabouts at Tom Cruise and Katie Holmes’ 2006 wedding. With that inquiry, Remini set in motion her fall from grace.
“When I asked ‘Where’s Shelly?’ on Conan, it seemed odd,” Leah revealed. “People were calling it the wedding of the century in the church… And with that there was an immediate reaction – people just scattered. They didn’t want any part of this. Literally everyone just left.”
“When I arrived at the church and asked Tom Davis, who was then its spokesperson, where She was, he replied ‘it seems strange she isn’t here’,” Leah related. “To which I replied ‘you don’t have the rank to ask about a leader’s wife!'”
Shelly has not made a public appearance since 2007, though Leah filed a missing person’s report in 2013. LAPD dismissed the case in 2013, stating that its request was “unfounded” and Shelly “was fine.” There is no indication that Shelly is dead; she has seen occasionally over the past three years.
What Did Jerrod Carmichael Have to Say About Shelly at the 2023 Golden Globes?
On the 80th Golden Globes award show, Tom made an unintentional snub at Jerrod during his speech. While holding up three medals – similar to what Tom would receive when he returned for another Golden Globe victory in 2021 – Jerrod made a brief gesture towards Shelly with an eerie nod.
“I think maybe we should exchange these three things for Shelly Miscavige’s safe return,” comedian Eddie Izzard joked before an appreciative audience gasped and clapped in agreement.
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Drew Timme Men Basketball of Gonzaga University Athletics
Gonzaga extended their NCAA tournament run after defeating TCU in the round of 32. Drew Timme was once again outstanding for the Bulldogs, leading them with 28 points.
Timme joined an elite group of college basketball greats in NCAA tournament history by becoming the seventh player to record nine 20-plus point games during the Big Dance.
No player in men’s college basketball history has more such games than Timme, so when Gonzaga takes the court against UCLA in the Sweet 16 of NCAA Basketball Championship, Timme has the opportunity to break that record and make it his own.
Timme is joined in the NCAA tournament by Princeton’s Bill Bradley, UConn’s Richard Hamilton, Houston’s Elvin Hayes, Kansas’ Danny Manning, Michigan State’s Glen Rice and Arkansas’ Corliss Williamson with nine 20-plus point games.
Timme scored a game-high 28 points, added eight rebounds, three assists, and one block to help his team to an 84-81 victory over TCU after an intense battle. Despite shooting 12-for-21 from the field and making his only three-point shot, the senior managed to secure victory with TCU by four points after making just one three-point attempt in overtime.
Under head coach Mark Few, the Zags have now reached the Sweet 16 in each of their last eight trips to the Big Dance. Next time he takes the court, the big man hopes to make history in NCAA history by becoming the only active center with 100 points – if he can maintain his impressive offensive form.
Drew Timme now has nine 20-point games in his NCAA tournament career, tied for the most all-time 💪 @ZagMBB pic.twitter.com/MgDE28GBAA
— ESPN (@espn) March 20, 2023
On Tuesday night, Timme tallied a game-high 28 points along with eight rebounds, three assists, and one block for his Bulldogs as they earned an 84-81 victory against TCU after a fiercely fought battle.
Despite missing his only three-point attempt from the field, the senior was able to hit 12 of 21 shots from the field for their only three points of the night; helping them secure an impressive victory in overtime!
Under head coach Mark Few, the Zags have now reached the Sweet 16 in each of their last eight trips to the Big Dance. Next time he takes the court, the big man hopes to make history in NCAA history by continuing his hot offensive streak.
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