Author Topic: Elizabeth Holmes convicted of fraud  (Read 47943 times)

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Offline MrMobodiesTopic starter

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Re: Elizabeth Holmes convicted of fraud
« Reply #375 on: May 18, 2023, 07:50:25 pm »
Her 3 mo. old daughter's name Invicta, Latin for “invincible,” or “undefeated”  :palm:
and the dog she use to have at Palto Alto Theranos... Balto she named after a dog in some novel.

https://slate.com/business/2023/05/elizabeth-homes-nyt-profile-balto-dog-mountain-lion-history.html#:~:text=“In the waning days of,home by a mountain lion.
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Part of the rolling had to do with a dog story. “In the waning days of Theranos,” Chozick writes, “Ms. Holmes got a dog, a Siberian husky named Balto.” Apparently, in 2022, Balto met with a bad end, being “carried away” from the front porch of their home by a mountain lion.
I'd thought she'd be protective of her dog.


Theranos founder Elizabeth Holmes' legal challenges denied, expected to report to prison
ABC News, 14.4M subscribers, Up: 288 Down: 3

23K views  5 hours ago  #news #elizabethholmes #theranos
The Theranos founder was denied a last-minute bid to avoid starting her sentence.

Youtube transcript:
Quote
2:21 and there are so many patients out there
also the whistleblowers who spent years
living in fear about the consequences of
telling the truth that prison in Bryan
Texas by the way where homes is set to
report is about 100 miles Northwest of
Houston where she grew up
Another surprise I see. So she isn't just going to a place far away but somewhere she was once familiar with.
« Last Edit: May 18, 2023, 10:28:04 pm by MrMobodies »
 

Offline SiliconWizard

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Re: Elizabeth Holmes convicted of fraud
« Reply #376 on: May 18, 2023, 08:08:53 pm »
 :popcorn:
 
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Offline james_s

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Re: Elizabeth Holmes convicted of fraud
« Reply #377 on: May 18, 2023, 08:58:35 pm »
https://slate.com/business/2023/05/elizabeth-homes-nyt-profile-balto-dog-mountain-lion-history.html#:~:text=“In the waning days of,home by a mountain lion.
Quote
Part of the rolling had to do with a dog story. “In the waning days of Theranos,” Chozick writes, “Ms. Holmes got a dog, a Siberian husky named Balto.” Apparently, in 2022, Balto met with a bad end, being “carried away” from the front porch of their home by a mountain lion.
I'd thought she'd be protective of her dog.

It's hard to blame somebody for that incident. If I had a big dog like that, I don't think it would occur to me to worry about it being dragged off and eaten by a mountain lion, that doesn't exactly happen every day. There are big cats in the wilderness areas around me but I've never personally seen one.
 
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Offline MrMobodiesTopic starter

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Re: Elizabeth Holmes convicted of fraud
« Reply #378 on: May 20, 2023, 09:34:17 pm »
https://uk.movies.yahoo.com/jen-shah-elizabeth-holmes-both-063811404.html
Quote
Jen Shah and Elizabeth Holmes, both convicted of fraud, can take business skills classes :bullshit: at the Texas prison where they'll serve their sentences

Hannah Getahun, Sat, 20 May 2023, 7:38 am BST·2-min read
The Texas women's prison offers business skill classes to all inmates.

Both Holmes and Shah have been convicted of fraud relating to their business practices. Elizabeth Holmes is set to begin her 11-year sentence for fraud related to her failed blood-testing business at a prison camp in Texas that, ironically, offers business classes to inmates, according to an inmate orientation handbook.

Holmes was convicted in November 2022 of three charges of wire fraud and one conspiracy to commit wire fraud charge after a jury found she defrauded investors in her health tech company Theranos. On Tuesday a judge denied Holmes's request to stay out of prison while she appealed her conviction. She was later assigned to serve out her sentence at the Federal Prison Camp, a women's prison in Bryan, Texas for those convicted of white-collar crimes, according to the Federal Bureau of Prisons.

It's the same prison where Jen Shah, one of the stars of "The Real Housewives of Salt Lake City," is three months into her 6 ½ year sentence after being found guilty on a charge of conspiracy to commit wire fraud in connection with a telemarketing scam that targeted elderly victims. According to the prison's handbook, all inmates are required to hold a job for a minimum of 90 days. The inmates are given opportunities to take tests that determine if they are particularly skilled in fields like business or clerical work.

Based on those skills, prison leadership then assigns the inmates jobs at a factory, where they make cents an hour to hone those skills. These inmates will have to shadow a more experienced worker to learn how to operate machinery or complete data entry assignments. However, the handbook states that inmates — including the former billionaire businesswoman — cannot start or conduct their own business while at the Federal Prison Camp.

Holmes will also spend her time in prison making her bed at early hours, enduring multiple headcounts a day, keeping her cell clean by mopping the floors, taking out the trash, and facing random shakedowns for contraband. [b* ]Her timetable will be strictly controlled[/b], and she will only be allowed to move about the prison at certain times. It's not all bad though: the prison offers wellness classes, arts and crafts, and leisure programs.

Criminal defense lawyer Alan Ellis told Bloomberg in November that, compared to other prisons FPC Bryan was "heaven." "If you have to go it's a good place to go," Ellis told Bloomberg. A lawyer for Holmes and representatives for Shah did not immediately respond to Insider's requests for comment. Read the original article on Business Insider

* Joke: to her liking maybe.
I was told by a friend from the security industry that if someone has a criminal record for certain things like fraud and burglary they won't be able go into occupations to learn about things like burglar alarms and access control but that was over ten years ago and maybe things have changed.

Why does she need to learn about business skills? From the amount of people and high profile ones she conned into business and the manipulation in keeping it going doesn't she have excellent business skills but not a care in he world? but herself especially for the blood testing victim.

Maybe in her case shouldn't they swap the business skills with the psychology assessments.

Quote
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.

Oh I see, it is for drug abuse not treating psychopaths or people like Elizabeth Holmes unless she is seeking the "mental illness" component that she was claiming to have some years ago.

https://www.eevblog.com/forum/chat/elizabeth-holmes-to-seek-mental-diseaseinsanity/
 

Offline EEVblog

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Re: Elizabeth Holmes convicted of fraud
« Reply #379 on: May 20, 2023, 11:30:32 pm »
https://uk.movies.yahoo.com/jen-shah-elizabeth-holmes-both-063811404.html
Quote
Jen Shah and Elizabeth Holmes, both convicted of fraud, can take business skills classes :bullshit: at the Texas prison where they'll serve their sentences

Hannah Getahun, Sat, 20 May 2023, 7:38 am BST·2-min read
The Texas women's prison offers business skill classes to all inmates.

She'll be teaching it.
Reminds me of this scene from Back to School:
« Last Edit: May 20, 2023, 11:34:13 pm by EEVblog »
 
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Offline SiliconWizard

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Re: Elizabeth Holmes convicted of fraud
« Reply #380 on: May 20, 2023, 11:35:01 pm »
11 years is a pretty long time.
 

Offline EEVblog

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Re: Elizabeth Holmes convicted of fraud
« Reply #381 on: May 20, 2023, 11:39:36 pm »
11 years is a pretty long time.

She'll be out in 5.
 

Offline Bud

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Re: Elizabeth Holmes convicted of fraud
« Reply #382 on: May 21, 2023, 12:54:53 am »
And then she'll write a book.
Facebook-free life and Rigol-free shack.
 

Offline floobydust

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Re: Elizabeth Holmes convicted of fraud
« Reply #383 on: May 21, 2023, 01:37:05 am »
What about the $452M restitution?
"Compliance with the Order of Restitution automatically becomes a condition of the offender's probation or supervised release."
 

Offline EEVblog

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Re: Elizabeth Holmes convicted of fraud
« Reply #384 on: May 21, 2023, 02:02:52 am »
What about the $452M restitution?
"Compliance with the Order of Restitution automatically becomes a condition of the offender's probation or supervised release."

She'll already have that figured out through various secret trust funds. She'll be able to live a sweet life when remaining technically unable to pay it.
 
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Offline james_s

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Re: Elizabeth Holmes convicted of fraud
« Reply #385 on: May 23, 2023, 12:04:00 am »
She'll already have that figured out through various secret trust funds. She'll be able to live a sweet life when remaining technically unable to pay it.

Or she'll engage in another large scale fraud in attempt to build back up her previous opulent lifestyle, not having the sense to realize that she will be caught even more easily the next time around and the whole thing will repeat again.
 
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Offline MrMobodiesTopic starter

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Re: Elizabeth Holmes convicted of fraud
« Reply #386 on: May 23, 2023, 12:59:14 am »
... with the help of her inmates she taught at business class.
 

Offline SiliconWizard

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Re: Elizabeth Holmes convicted of fraud
« Reply #387 on: May 23, 2023, 03:23:32 am »
Maybe she can start a company selling solar roadways? :popcorn:
 
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Offline MrMobodiesTopic starter

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Re: Elizabeth Holmes convicted of fraud
« Reply #388 on: May 29, 2023, 04:28:48 am »
https://www.dailymail.co.uk/news/article-12134393/What-life-prison-like-disgraced-Theranos-tech-mogul-Elizabeth-Holmes.html
Quote
'*You have to play your cards right' :bullshit: What life for disgraced Theranos tech mogul Elizabeth Holmes will be like in federal prison as she reports for her 11-year sentence this week

By JAMES GORDON FOR DAILYMAIL.COM
PUBLISHED: 00:28, 29 May 2023 | UPDATED: 02:26, 29 May 2023

Jen Shah, a star of Bravo's 'Real Housewives of Salt Lake City' is serving time in Bryan prison for her role in a telemarketing scam.
...
New inmates normally spend their first three months working in the kitchen, which is considered one of the most demanding jobs in the prison. The job pays 12 cents an hour.

Various other roles exist such as groundskeepers, clerks and * telemarketers in the call center all operated by the Bureau of Prisons.

Telemarketer scammer can continue to operate as a telemarketer in prison.

It reminds in the UK some years ago in a documentary on how inmates still manage run their enterprise from inside the prison through various means such as mobile phone smuggling and the effort they go to but in that prison no effort. A telemarketer, who can't be trusted can still continue to do telemarketing and with Elizabeth Holmes she can be involved in business classes whether she'll be learning of teaching it.

*Playing their cards right?
It seems to me the "right" cards are already provided to them in that prison on a gold platter except for their wages.

Quote
Judge Edward Davila recommended Holmes be placed at the Bryan camp to make family visits easier as she grew up in Houston, although the Bureau of Prisons has not publicly disclosed where she will be held.
Another card Elizabeth Homes is holding is the children to be near to family or some place she is familiar with.

Quote
SirMongo, los angeles, United States, 4 hours ago

From the description, sounds like a fancy prep school.

UP: 306 DOWN: 16
Joke: Could be right when Elizabeth Holmes and Jen Shah shows them the ropes to their business model and they then go out and do similar after their sentence.
 
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Offline EEVblog

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Re: Elizabeth Holmes convicted of fraud
« Reply #389 on: May 29, 2023, 04:47:12 am »
https://www.dailymail.co.uk/news/article-12134393/What-life-prison-like-disgraced-Theranos-tech-mogul-Elizabeth-Holmes.html
Quote
'*You have to play your cards right' :bullshit: What life for disgraced Theranos tech mogul Elizabeth Holmes will be like in federal prison as she reports for her 11-year sentence this week

By JAMES GORDON FOR DAILYMAIL.COM
PUBLISHED: 00:28, 29 May 2023 | UPDATED: 02:26, 29 May 2023

Jen Shah, a star of Bravo's 'Real Housewives of Salt Lake City' is serving time in Bryan prison for her role in a telemarketing scam.
...
New inmates normally spend their first three months working in the kitchen, which is considered one of the most demanding jobs in the prison. The job pays 12 cents an hour.

Various other roles exist such as groundskeepers, clerks and * telemarketers in the call center all operated by the Bureau of Prisons.

Telemarketer scammer can continue to operate as a telemarketer in prison.

I don't know whether to  :-DD or  :'(

 
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Offline floobydust

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Re: Elizabeth Holmes convicted of fraud
« Reply #390 on: May 29, 2023, 08:09:37 pm »
Tomorrow she's going to prison... "Inmates Await Theranos Founder: ‘I Want to Be Her Friend’  :palm:
I think she's going to have problems getting along with non-invincibles.

Her deep throaty voice could make a good AI voice, or she could be a call-center favorite  :-DD
 
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Offline Sal Ammoniac

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Re: Elizabeth Holmes convicted of fraud
« Reply #391 on: May 30, 2023, 06:08:51 pm »
She’s in.

The perp walk:
« Last Edit: May 30, 2023, 06:12:14 pm by Sal Ammoniac »
Complexity is the number-one enemy of high-quality code.
 
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Offline MrMobodiesTopic starter

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Re: Elizabeth Holmes convicted of fraud
« Reply #392 on: May 30, 2023, 07:24:24 pm »
From all of her pictures of her enjoying her time with her new family but when it comes to court she claimed mental illness. I know people with mental illness in far worse condition than that where they are trapped. In the photo she don't look trapped to me and seems to get around nice and easily.

Her deep throaty voice could make a good AI voice, or she could be a call-center favorite  :-DD
Joke: In business classes I think that could be part of her training to the other inmates to learn that deep voice before they become her business partner and go straight off to the tele marketing department.
 

Offline MrMobodiesTopic starter

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Re: Elizabeth Holmes field day
« Reply #393 on: May 31, 2023, 03:46:35 am »
https://www.dailymail.co.uk/news/article-12140717/Elizabeth-Holmes-reports-prison-Texas-begin-11-year-sentence-Theranos-fraud.html
Quote
Theranos fraudster Elizabeth Holmes arrives with a smile as she reports to Texas prison in jeans and cashmere sweater to begin 11-year sentence
Married mom-of-two Elizabeth Holmes, 39, arrived at the federal facility in Bryan, Texas, on Tuesday, wearing a casual beige sweater and blue jeans

She reported at the jail to begin her 11-year prison sentence for conning the science and tech world out of millions with her startup, Theranos
By CLAUDIA AORAHA and ALAN BUTTERFIELD IN SAN DIEGO FOR DAILYMAIL.COM

PUBLISHED: 18:46, 30 May 2023 | UPDATED: 21:41, 30 May 2023

Married mother-of-two Holmes laughed and smiled while talking to her handlers as she walked into the minimum-security federal women's prison camp - which is 100 miles northwest of her hometown, Houston.
Looks to me like it's one big joke to her.


It looks like this isn't punishment she is having a field day.

Dailymail comment
Quote
lisar, aspanaway, United States, 5 minutes ago
Every arriving prisoner individually greeted by a "handler"? If so that's fine, if not it's preferential treatment on the taxpayer's dime.
Insult to the taxpayer?

Quote
Her new residence is hardly Alcatraz :bullshit:  and the minimum security prison has instead been dubbed 'Club Fed', where inmates aren't even required to sleep in cells.
So maybe they should stop calling it a prison.
« Last Edit: May 31, 2023, 03:59:28 am by MrMobodies »
 
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Offline EEVblog

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Re: Elizabeth Holmes field day
« Reply #394 on: May 31, 2023, 04:16:18 am »
Quote
Her new residence is hardly Alcatraz :bullshit:  and the minimum security prison has instead been dubbed 'Club Fed', where inmates aren't even required to sleep in cells.
So maybe they should stop calling it a prison.

I'm surprised it's not called a "Correctional Facility" which is a term we use here. But even our ones are actually prisons with cells. She will sleep in an open room bunked with 3 others.
 
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Offline floobydust

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Re: Elizabeth Holmes convicted of fraud
« Reply #395 on: May 31, 2023, 04:26:47 am »
From living in a $9M oceanside mansion at $13,500/mo rent... to this place?! I say she's gonna find her kryptonite in prison.
 
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Offline EEVblog

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Re: Elizabeth Holmes convicted of fraud
« Reply #396 on: May 31, 2023, 04:30:51 am »
From living in a $9M oceanside mansion at $13,500/mo rent... to this place?! I say she's gonna find her kryptonite in prison.

I doubt that smile is going to last long, even if it's as cushy as prison gets.
 
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Offline SiliconWizard

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Re: Elizabeth Holmes convicted of fraud
« Reply #397 on: May 31, 2023, 04:40:49 am »
Looks like the thread is turning into a tabloid. :-DD
The "stolen" pictures? really? :popcorn:
 
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Offline EEVblog

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Re: Elizabeth Holmes convicted of fraud
« Reply #398 on: May 31, 2023, 04:44:47 am »
The "stolen" pictures? really? :popcorn:

I'm despeately waiting for the mug shot of inmate 24965-111  :popcorn:
 
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Offline MrMobodiesTopic starter

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Re: Elizabeth Holmes field day
« Reply #399 on: May 31, 2023, 11:00:25 am »
I'm surprised it's not called a "Correctional Facility" which is a term we use here. But even our ones are actually prisons with cells. She will sleep in an open room bunked with 3 others.
If it was called a correctional facility what would that correct in these people?
I don't think it would correct anything.
More like a "fancy prep school".

Non violent = minimum security prison.

Security so minimum:
Business fraudster allowed to take part in business classes in prison.
Telemarketing scammer still allowed to work as a telemarketer in prison.
 


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