Lawyers for the disgraced entrepreneur told a judge she would not be turning herself in as she is appealing custody ruling
Theranos founder Elizabeth Holmes has again delayed the start of her 11-year prison sentence for fraud charges, after appealing a previous decision that would have required her to turn herself in on 27 April.Lawyers for Holmes, who is currently out on bail, informed US district judge Edward Davila on Wednesday that she will not be reporting to prison as scheduled, because she is appealing Davila’s ruling that she remain in custody while it is determined whether she should get a new trial.
The disgraced entrepreneur was convicted in January 2022 on four counts of fraud over her role in misleading investors as head of the failed blood-testing firm. Citing her two small children, lawyers for Holmes said she was unlikely to pose a flight risk and should be allowed to remain free while the appeals process continues. Davila had ruled against a delay in prison time, stating that a new trial or an overturning of the guilty verdict was unlikely.
Holmes has had two children since she was indicted in 2018. Throughout the trial and as she awaited the deadline to turn herself in this week, Holmes
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