Elizabeth Holmes convicted of fraud

[SiliconWizard]

So because Elizabeth Holmes put out a good image is he saying that automatically means she is successful and her blood testing machines worked?

No, he is saying that in this day and age, content and actions do not matter, only appearances and emotions matter.  He is saying that because Elizabeth Holmes put out a good image and claimed to mean well, being a young attractive female, it does not matter whether her blood testing machines worked or not: she should be considered successful and good anyway.

Add to that the fact that it's been seen as a virtue to praise women entrepreneurs.

She's taken advantage of all that while deceiving people, and it's bad. But I'll still persist in saying that those who have fallen for this due to the above reasons are every bit as responsible as she is.

[fourfathom]

So because Elizabeth Holmes put out a good image is he saying that automatically means she is successful and her blood testing machines worked?

No, he is saying that in this day and age, content and actions do not matter, only appearances and emotions matter.  He is saying that because Elizabeth Holmes put out a good image and claimed to mean well, being a young attractive female, it does not matter whether her blood testing machines worked or not: she should be considered successful and good anyway.

What he is saying is "Don't sue me for losing the money you invested in my VC fund, because you knew it was risky when you signed up."  And it's a bunch of self-serving rationalization.  Basically "crap".

Plus what Nominal points out.

[MrMobodies]

https://www.independent.co.uk/news/world/americas/crime/theranos-elizabeth-holmes-jail-appeal-b2317981.html

News World Americas US Crime News
Theranos founder Elizabeth Holmes will be jailed this month after judge denies plea for bail during appeal
Holmes must self-report to a prison camp on 27 April to begin her 11.25-year sentence
Graeme Massie, Los Angeles, Tuesday 11 April 2023 19:23

Ex-Theranos executive headed to prison after losing appeal

Theranos founder Elizabeth Holmes will be jailed by the end of the month after a judge refused her request to remain out of prison while she appeals her conviction.

Holmes must self-report to a prison camp on 27 April to begin the 11.25-year sentence she was handed after a jury convicted her on multiple counts of defrauding investors in her blood-testing start-up. The former Silicon Valley darling was found guilty last November on three charges of wire fraud and one conspiracy charge. A jury was told how she had duped investors with false claims that her California company’s technology could diagnose diseases with only a few drops of blood.

Her lawyers had asked US District Judge Edward Davila to allow Holmes to remain on house arrest while she appeals the conviction to the 9th US Circuit Court of Appeals. They argued that she was not a threat to her community or a flight risk as she has two young children, reported Reuters. But prosecutors told the judge that she was a flight risk given her means to leave the US and her long prison sentence.

The federal government has previously claimed that Holmes booked a one-way flight to Mexico following her conviction and that she does present a flight risk. Her attorneys argued that she and her partner Billy Evans were planning to attend a wedding and hoped she would be acquitted. “Booking international travel plans for a criminal defendant in anticipation of a complete defence victory is a bold move, and the failure to promptly cancel those plans after a guilty verdict is a perilously careless oversight,” the judge wrote.

The judge ruled that even if her appeal was successful it would not result in a new trial or reverse all of the convictions against her.

He has previously turned down multiple requests from Holmes for a new trial.

Holmes started Theranos after dropping out of Stanford University, but the company collapsed in 2018 after it was revealed that its technology did not work.

Joke: She'll be jailed in her luxury camp.

[EEVblog]

Joke: She'll be jailed in her luxury camp.

This is the place the judge recommended:
https://en.wikipedia.org/wiki/Federal_Prison_Camp,_Bryan
https://www.abc.net.au/news/2023-04-12/theranos-elizabeth-holmes-loses-bid-to-stay-out-of-prison/102211402
Minimum security for non-violent offenders, frequency family visit, etc, pretty cushy. She can plan future schemes with the other fraud inmates.
https://au.finance.yahoo.com/video/district-judge-proposes-elizabeth-holmes-212308010.html

[floobydust]

That jail has many other scammers just like her. She can buy friends.  Over 11 year sentence there?

Psychopaths I've known have extremely low EQ.
You know, the thing thing inside that says "let's run a multi-billion dollar scam" is a bad idea.
You know, the thing thing inside that says "you're charged with a felony, let me book plane tickets" is a bad idea.
They are totally baffled by human emotions and feel nothing much, so they learn to fake emotional responses in order to fit in.
Her lawyers are surely making extra money by playing her, appeals galore. Because she doesn't really "get" what will not work, babies included.
She seems very afraid of jail.

[james_s]

Well if she does show up again with another scam, I'm going to have difficulty feeling sorry for any of the victims. Everyone should know what they're dealing with by now.

[EEVblog]

She seems very afraid of jail.

I wonder if she'll keep the fake deep voice? 

[EEVblog]

https://www.bop.gov/locations/institutions/bry/
The prison handbook she'll get:
https://www.bop.gov/locations/institutions/bry/bry_ao_handbook.pdf?v=1.0.0

[tom66]

Well if she does show up again with another scam, I'm going to have difficulty feeling sorry for any of the victims. Everyone should know what they're dealing with by now.

Yes, at this point, surely no one can fall for her scam again. Right?!

Then again, I'm reminded of the famous preacher Peter Popoff, who the late James Randi exposed as having had his wife radio information to his earpiece during his "miracle cure" sessions, managed to make a reappearance.  And he's bigger than ever.

So maybe, fool me once shame on you, fool me twice shame on me, doesn't always apply.

[MrMobodies]

https://www.bop.gov/locations/institutions/bry/bry_ao_handbook.pdf?v=1.0.0

Western Union Quick Collect Program
Inmates' families and friends may also send inmates funds through Western Union's Quick Collect
Program. All funds sent via Western Union's Quick Collect will be posted to the inmate's account
within two to four hours, when those funds are sent between 7:00 a.m. and 9:00 p.m. EST (seven
days per week, including holidays). Funds received after 9:00 pm EST will be posted by 7:00 am
EST the following morning. Funds sent to an inmate through the Quick Collect Program may be
sent via one of the following ways:
1) At an agent location with cash: The inmate's family or friends must complete a Quick Collect
Form. To find the nearest agent, they may call 1-800-325-6000 or go to www.westernunion.com.
2) By phone using a credit/debit card: The inmate's family or friends may simply call 1-800-634-
3422 and press option 2.
3) ONLINE using a credit/debit card: The inmate's family and friends may go to
www.westernunion.com and select "Quick Collect".
For each Western Union Quick Collect transaction, the following information must be provided:
1) Valid Inmate Eight-Digit Register Number (entered with no spaces or dashes) followed
immediately by Inmate’s Last Name
2) Committed Inmate Full Name entered on Attention Line
3) Code City: FBOP, DC

She'll have lots of funds available from her new family.

TRULINCS
The Trust Fund Limited Inmate Computer System (TRULINCS) is the inmate computer network
that provides inmates access to multiple services. At no time do the inmates have any access to
the Internet.

Inmate’s access dedicated TRULINCS workstations installed in various housing units and
common areas to perform various functions using their register number, Phone Access Code
(PAC), and Commissary Personal Identification Number (PIN). Inmate access to these
workstations varies depending on the institution.
Account Transactions – This service allows inmates to search and view their Commissary,
telephone, and TRULINCS account transactions, as well as, view their Media List.
Bulletin Board – This service is used to supplement the use of inmate bulletin boards within the
institution for disseminating information to the inmate population.
Contact List - This service is used by inmates to manage their email address list, telephone list,
and postal mailing list. Inmates also mark for print postal mailing labels within this service.
If an email address is entered for a contact, TRULINCS sends a system generated message to the
contact directing them to www.corrlinks.com to accept or reject email contact with the inmate
prior to receiving any messages from the inmate.

Equipped with equipment.

Inmate Attire: Inmates will be properly dressed when engaging in a video session. At a
minimum, inmates are required to be in un-altered local proper government issued clothing
(Khakis, Greens, Jump Suit, etc.). Altered, ripped, torn, frayed, unbuttoned, or any other form of
apparel of a suggestive or revealing nature is prohibited. No hats other than approved Religious
articles or non-prescription sunglasses are permitted during video sessions.
TRULINCS Video Service Fact Sheet

Maybe she could be star of the show.

OPEN HOUSE HOURS
*Note: Special Holiday schedules may necessitate time changes for some events.
Commissary
Monday – Thursday 6:30 A.M. - 7:30 A.M.
10:30 A.M. - 12:30 A.M.
2:00 P.M. - 3:15 P.M.
Short Line Sales (Tuesday and Thursday only) 1:00 P.M. - 2:00 P.M.
Trust Fund/Inmate Services
Open House is conducted Monday, and Wednesday 11:15 P.M. - 12:00 P.M.
Located at the Trust Fund Specialist Office in the Visiting Room.
Services provided include: V-Pin, PAC numbers,
TRULINCS pin numbers, Trust Fund related account inquiries.

Laundry
Institution 6:30 A.M. - 8:00 A.M.
Monday – Friday
*Clothing Exchange* Monday and Friday Only
Linens & Pillowcases Every Wednesday
Blankets Every Wednesday (Unit Rotation)
**Hygiene items will be issued to indigent inmates every Wednesday between 6:30 am and 8:00 am.
Records Office and Mailroom Open House
Tuesday and Thursday 11:30 A.M. - 12:30 P.M.
(excluding the day following a Federal holiday)
Mail Call in Units
Monday – Friday 6:00 P.M. and 9:00 P.M
No mail call on Federal Holidays

Lights-Out
Monday – Friday 10:30 P.M.
Weekends/Federal holidays 11:30 P.M.

Visiting Hours 18
Saturday and Sunday - 8:00 a.m. to 5:00 p.m.
(All visitors must arrive by 3:00 P.M. for processing)
Federal Holidays - 8:00 a.m. to 3:00 p.m.
(All visitors must arrive by 1:00 P.M. for processing)

*Study, Game, and Laundry Rooms and Television Operating Hours
Sunday – Thursday 6:00 A.M. - 9:30 P.M.
Friday, Saturday, and evenings
prior to Federal holidays 6:00 A.M. - 11:30 P.M

Food Service Meal Times
Monday thru Friday
Breakfast: 6:30 am – 7:15 am
Lunch: 10:30 am – 11:30 am
Dinner: 4:30 pm – 5:30 pm (start time depends on what time the 4:05 pm count clears)
Weekend / Holidays
Breakfast: 7:00 am – 8:00 am
Lunch: 10:30 am – 11:30 am (start time depends on what time the 10:00 am count clears)
Dinner: 4:30 pm – 5:30 pm (start time depends on what time the 4:05 pm count clears)

Study, game and laundry for 5 days a week over 13 hours a day.
Lots of things to do.

Wellness Programs
Wellness programs include screening, assessments, goal setting, fitness/nutrition prescriptions and
counseling.

So they look after their prisoners very well.

Escorted Trip
Escorted trips provide approved inmates with staff escorted trips into the community for such
purposes as receiving medical treatment not otherwise available, for visiting a critically ill member
of the inmate’s immediate family, or for participating in programs or work related functions.
Additionally, bedside visits and funeral trips may be authorized for inmates with custody levels
below maximum. **All expenses will be borne by the inmate, except for the first eight hours of
each day that the employee is on duty. There are occasions based on a determination that the
perceived danger to BOP staff during the proposed visit is too great, or the security concerns about
the individual inmate outweigh the need to visit the community.

Very compassionate for a prisoners to go on trips.
Sounds to me very cosy for a prison but of course she may not appreciate it for the living expectations and lifestyle she is used to.
 

Psychology Services
Psychology Services departments in all BOP institutions offer basic mental health care to
inmates. This care may include screening, assessment and treatment of mental health or drug
abuse problems, individual and/or group counseling, psycho-educational classes, self-help and
supportive services, or referral to Health Services for medical treatment of a mental illness.

Hopefully they will work on her before she leaves.

[SiliconWizard]

Well if she does show up again with another scam, I'm going to have difficulty feeling sorry for any of the victims. Everyone should know what they're dealing with by now.

I do not feel sorry for any of the current ones already (except the patients that would have been misled by a false test result, but certainly not the investors), but I think I've been clear about it all along.

[floobydust]

[...] Hopefully they will work on her before she leaves.

These kind of people are simply missing a chip in their head, and no amount of "counseling" fixes that. The notion that humans are infinitely malleable and can change, is a New Age/psychology myth.
When they get out of prison, they really don't like the experience but have the same core behaviour. The incentive, what they've learned -  is to not get caught again.
I know this after picking up my buddy from prison, after the bank robbery didn't work out. He hates prison and the cops, but still a basic thug at heart and continues the same behaviours, weapons included.
What I found bizarre is coming out of prison after 4 years, took him to McDonalds and he was freaking out. Anyone that looked at or stared at him, he was convinced a fight was going to happen and he should probably kill them. FFS eat your burger I told him. (men's) prison culture can make a person (socially) worse, overreactive, more violent.

I don't see any inmates with such a long (11 year) sentence at that prison Holmes is going to. It will be interesting to see how much time she'll actually end up doing.

Martin Shkreli "Pharma Bro" was sentenced to 7 years, served 4. Launched his own cryptocurrency "got hacked", and he got in trouble for a drug discovery business... despite his pharma ban. Still the same core person.

[james_s]

Yeah there are aspects of people that are malleable, and some hardware faults can be reasonably managed with medications, but even with those you are really only managing the symptoms. The deeper stuff like cluster B personality disorders are a very low level flaw in the way the brain developed in early childhood, the amygdala is malformed and while they are capable of being taught coping mechanisms and they can learn how to appear "normal", you can't teach a person to feel empathy when the hardware for it is not connected. It's unfortunate that it isn't easier to identify, given the harm these people nearly inevitably do I think it would be nice if they could be permanently isolated away from the rest of society but that's wishful thinking.

[EEVblog]

I don't see any inmates with such a long (11 year) sentence at that prison Holmes is going to. It will be interesting to see how much time she'll actually end up doing.

She'll be out in 5 I wager.

[floobydust]

Think about it - go to uni for 5 years, work hard get a degree and be wagie working for the man for the rest of your life. Engineers are always to blame for the product being late, flog them and hire new ones.
OR run a big ticket scam, launder some of the loot and stash it away, and get out of jail in 5 years or less for the crime. Come out a multi-millionaire and set for life. Bubba was an unpleasant roommate but it paid off.
It's not a terrible choice for many. Where investor's money went at Theranos- I haven't seen the bulk of it accounted for. She's got wads of cash for lawyers.

With no screening of politicians or CEO's, psychopathy does incredible damage to countries, companies. Newer data pegs the prevalence at 8-12% of CEO's despite being 1% of the population. I think testing should be done, just as it is done by police, FBI.

[BravoV]

Remember, in the land of free, America, rich people do not get jailed. 

[EEVblog]

Where investor's money went at Theranos- I haven't seen the bulk of it accounted for. She's got wads of cash for lawyers.

They did have around 800 employees at one point, and in silicon valley. So huge wage cost base.
But if she had any brains at all knowing this was a scam, she would have squirreled away millions into trusts etc while she could.

[HighVoltage]

Where investor's money went at Theranos- I haven't seen the bulk of it accounted for. She's got wads of cash for lawyers.

They did have around 800 employees at one point, and in silicon valley. So huge wage cost base.
But if she had any brains at all knowing this was a scam, she would have squirreled away millions into trusts etc while she could.

1. I think it is clear from her perspective, she is the victim here.
2. Also, I am convinced that she still believes that this was not a scam and her "technology" worked.
"Squirreled away millions" ? I don't think so either. If my first two points are true in any way, she does not have the smart brains for money as well.

[MrMobodies]

I wonder if she'll keep the fake deep voice? 

What will the prison psychology department think the moment they hear her putting on that voice:
What is she up to?
Has she formed or joined a gang where they get brainwashed listening to her (where her voice gets deeper and deeper the more they get taken in by it) and then they start doing what she tells them to do and for what purpose?

[floobydust]

She could make money with it lol. That deep voice would be great for ChatGPT. @jessicard
"for those asking how I made it!
python, usb mic & usb speaker on a rasp pi.
code:
py speech recognition lib for audio, then @OpenAI’s whisper library for speech->text, then chatgpt, text->speech w/  @narakeet for voice ai, then play it through speaker with pydub playback"

Imagine celebrity, famous criminals, voices on your AI, now in the comfort of your living room.


Sunny Balwani got a 13 year sentence, he's also still free on bail. Using the same trick of filing appeals to delay the inevitable and for people to forget the severity of the crimes.

[Buriedcode]

Yeah there are aspects of people that are malleable, and some hardware faults can be reasonably managed with medications, but even with those you are really only managing the symptoms. The deeper stuff like cluster B personality disorders are a very low level flaw in the way the brain developed in early childhood, the amygdala is malformed and while they are capable of being taught coping mechanisms and they can learn how to appear "normal", you can't teach a person to feel empathy when the hardware for it is not connected. It's unfortunate that it isn't easier to identify, given the harm these people nearly inevitably do I think it would be nice if they could be permanently isolated away from the rest of society but that's wishful thinking.

Well thats psychopathy isn't it? And she clearly isn't a psychopath, perhaps a sociopath, but I'm not sure where you're going with all this.  And advocating for people being "isolated" is franky disturbing.

[coppice]

Well thats psychopathy isn't it? And she clearly isn't a psychopath, perhaps a sociopath, but I'm not sure where you're going with all this.

What makes that so clear?

[SiliconWizard]

And who cares?

[magic]

You can sort of begin to understand thought patterns of clusterfuck B types if you spend a few years living with one, but it's also likely you're crazy yourselft if you actually do that, don't ask me how I know

Psychiatry is quack science and hardly any solid understanding of how the brain works really exists as of yet. Maybe for the better - can't wait to see what happens when people start to seriously monkey with that stuff, beyond the level of just "here, take this drug and see what happens". A load of fun anticipated.


Elizabeth Holmes, like Hillary Clinton, was a gullible chick brainwashed by her environment to be more ambitious than she could realistically afford too. Also stupidly conformist and going along with the most unethical bullshit with little reservations. THB I can't even hate them, I just hate America. I agree with feminists that it's always the fault of men.

[james_s]

Well thats psychopathy isn't it? And she clearly isn't a psychopath, perhaps a sociopath, but I'm not sure where you're going with all this.  And advocating for people being "isolated" is franky disturbing.

If you'd dealt with people that have cluster B disorders you might not find the desire to isolate (or eliminate) them to be quite so disturbing, certainly dealing with them can be disturbing. Lack of empathy shows up in more than just psychopaths. I've known several people with BPD and NPD, they are snakes, maybe not deliberately but they are none the less. I hope for your sake that you don't have the misfortune to tangle with one, many people have dated borderlines and ended up with PTSD that required years of therapy to get over. Some people are simply broken, they cannot be repaired, they are incapable of being good people, they are often highly intelligent and very capable of faking it to get what they want, and have absolutely zero qualms about doing so. They are cold, calculating and manipulative.