Elizabeth Holmes Seeks to Avoid Prison for Theranos Fraud
Elizabeth Holmes urged a judge not to send her to prison, as the founder of Theranos Inc. prepares to be sentenced next week for defrauding investors in the blood testing start-up.
In a Thursday night court filing, lawyers for Holmes asked that she receive 18 months in home confinement, followed by community service, at her Nov. 18 sentencing before U.S. District Judge Edward Davila in San Jose, California.
The lawyers said prison time was unnecessary to deter future wrongdoing, calling the 38-year-old Holmes a “singular human with much to give” and not the robotic, emotionless “caricature” seen by the public and media….