Tuesday May 16 2023
Theranos founder Elizabeth Holmes can’t stay out of prison pending her appeal, a court ruled Tuesday.
The U.S. Court of Appeals for the Ninth Circuit said Ms. Holmes’s appeal doesn’t raise a substantial question of law and that even if it did, it is unlikely that it would be enough to overturn her fraud conviction.
Ms. Holmes was scheduled to report to prison on April 27, but her reporting date was delayed while the court considered her request. A new reporting date hasn’t been set. Neither a lawyer for Ms. Holmes nor a spokesperson for the government responded to requests for comment.
Ms. Holmes, the disgraced founder of blood-testing startup Theranos, was convicted of wire fraud and conspiracy to commit wire fraud in January 2022. She was sentenced to more than 11 years in prison.

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