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Elizabeth Holmes Requests Home Confinement Instead of Prison Ahead of Formal Sentencing – MedCity News


Ex-Theranos
CEO
Elizabeth
Holmes
will
face
sentencing
this
week,
and
has
asked
the
court
to
land
on
a
sentence
of
maximum
18
months
of
home
confinement,
and
to
look
past
the
“caricature”
the
media
has
created. 


This,
combined
with
community
service,
will
“more
than
capture
the
retributive
and
deterrent
goals
of
sentencing
while
ensuring
that
our
society’s
resources
are
not
wasted
incarcerating
someone
who
poses
no
danger
to
it,
who
in
the
eyes
of
the
public
will
never
be
truly
free
of
even
the
counts
on
which
she
has
been
exonerated,
and
who
will
devote
her
life
to
meaningfully
serving
her
fellow
human
beings,”
said
Holmes’
attorneys
in
a


pre-sentencing
brief
filed
Thursday. 


In
January,
a



federal
jury
convicted


Holmes
of
four
counts
of
fraud,
including
an
investor
wire
fraud
conspiracy
count
and
three
substantive
wire
fraud
counts,
with
wire
transfers
totaling
more
than
$140
million.  


Holmes’
lawyers
wrote
that
more
than
130
individuals
who
“actually
know”
Holmes
have
written
to
the
court
to
provide
character
testimony,
including
friends,
family,
Theranos
investors,
Theranos
Board
members,
and
former
employees. 


In
one
letter,
Holmes’
partner
Billy
Evans
wrote
a
plea
“to
help
her
help
others”
and
said,
“the
fact
that
Liz
still
has
the
support
she
does,
despite
the
risks
of
associating
with
her
is
a
testament
to
her
goodness.”


The
government
recommended
a
drastically
more
aggressive
approach.
In
a
pre-sentencing
brief
submitted
Friday,
U.S.
Attorney
Stephanie
Hinds
wrote
that
Holmes
should
be
sentenced
to
180
months
in
custody
and
ordered
to
pay
more
than
$800
million
in
restitution
to
investors,
including
to
Walgreens
and
Safeway. 


“Holmes’
crimes
were
extraordinarily
serious,
among
the
most
substantial
white
collar
offenses
Silicon
Valley
or
any
other
District
has
seen,”
the
government
told
the
court.


The
sentencing
will
take
place
Friday,
November
14. 


Attorneys
for
Holmes
and
government
attorneys
did
not
immediately
reply
to
request
for
comment.


Photo:
Kimberly
White,
Getty
Images