Tag Archives: prison

[unable to retrieve full-text content]As Elizabeth Holmes heads to prison for fraud, questions remain about her motives  Yahoo Finance Source link

A former U.S. Court of Appeals judge who played a critical role in the Jan. 6 committee hearings said he is confident that a potential criminal conviction of former President Donald Trump would be upheld by the Supreme Court and any judge would have no choice but to sentence Trump to federal prison. “I don’t know that a district judge would have any choice but to sentence the former president to imprisonment under the terms and provisions of these various offenses,” retired U.S. Court… Source link

Reality TV stars Todd and Julie Chrisley, pictured in 2017, are headed to prison. (Photo: Kevin Mazur/ACMA2017/Getty Images for ACM) Todd Chrisley and wife Julie will begin their 2023 serving their time for bank fraud and tax evasion in separate Florida prisons. The Chrisley Knows Best stars have been ordered to report to federal facilities by noon on Jan. 17, according to CBS News, who obtained documents filed this week by the U.S. Marshals Service. He’s expected at the Federal Prison Camp… Source link

WNBA star Brittney Griner has been released from a Russian prison, President Joe Biden confirmed Thursday. In exchange for her release, the U.S. government will reportedly send convicted international arms dealer Viktor Bout back to Russia, according to CBS News. Bout, nicknamed the “Merchant of Death,” was sentenced to 25 years in prison after being convicted of, among other things, conspiracy to kill Americans. Retired U.S. Marine Paul Whelan, who is also currently imprisoned in Russia… Source link

The judge who presided over the criminal fraud trials of Theranos founder Elizabeth Holmes and her co-defendant and one-time boyfriend, Theranos COO and president Ramesh “Sunny” Balwani, sentenced Balwani on Wednesday to nearly 13 years in prison plus three years of probation. “They misled investors, they misled patients,” U.S. District Court Judge Edward Davila said during Balwani’s sentencing hearing in San Jose, California, according to NBC News. “I think it’s just that enduring… Source link

The judge who presided over Elizabeth Holmes’ fraud trial and sentenced her last week to more than 11 years in prison has recommended that the former Theranos CEO serve out her time in a low-security Texas federal prison camp. The recommendation for Holmes’ incarceration at FPC Bryan, a facility located about 100 miles northwest of Houston that houses only female inmates, came in a court filing on Wednesday. In addition to offering minimum security, the prison offers frequent family… Source link

Elizabeth Holmes has at least one more opportunity to stay out of prison after a judge on Friday sentenced the once-aspiring biotech entrepreneur to 11 years and three months behind bars for defrauding a group of investors in her collapsed blood-testing startup, Theranos. Holmes’ freedom is dependent upon an expected appeal of her case, which her lawyers must file within two weeks. Once an appeal is filed, Holmes can request to remain out of custody while her appeal is considered by the 9th… Source link

Elizabeth Holmes, founder and CEO of the collapsed Silicon Valley blood testing company, Theranos, has been sentenced to 11.25 years in prison plus three years supervised release for financial crimes she committed while running the once-high flying venture. Holmes was also fined a $400 million special assessment. Holmes must surrender to custody on April 27, 2023. Holmes is expected to appeal. The judge presiding over Holmes’ trial and sentencing said the landmark case, one of the most… Source link

Elizabeth Holmes, one of Silicon Valley’s most celebrated and vilified startup founders, is scheduled to appear in court in San Jose on Friday for a sentencing hearing where she’s expected to learn whether she’ll go to prison for defrauding investors out of hundreds of millions of dollars. Holmes, who was found guilty in January of three counts of wire fraud and one count of conspiracy related to her now-defunct blood-testing venture Theranos, faces up to 20 years in prison, up to $1… Source link

A 25-year-old New Jersey man was sentenced to three years in federal prison for posing as Tampa Bay Buccaneers quarterback Tom Brady in order to buy and then sell New England Patriots Super Bowl rings. Scott V. Spina Jr., of Roseland, New Jersey, pleaded guilty in February to one count of mail fraud, three counts of wire fraud and one count of aggravated identity theft. He first bought a Super Bowl LI ring in 2017 from a former Patriots player with a bad check and then flipped it to a “broker… Source link