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Elizabeth Holmes was sentenced to more than 11 years in prison for fraud
CNN — Elizabeth Holmes was sentenced to far more than 11 a long time in prison on Friday next her conviction in January for defrauding buyers when functioning the unsuccessful blood tests startup Theranos. Choose Edward Davila imposed a sentence of 11 decades and three months in jail, with a different 3 a long time of supervision after Holmes was unveiled. The sentence also features a great of $400, or $100 for each count of fraud. Restitution will be established at a later date. Holmes was ordered to transform himself into custody on April 27, 2023. She is anticipated to charm to her conviction. Holmes, who was uncovered responsible in…
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Texas Man Sentenced to 12 Years in Prison for Defrauding Business Opportunity Buyers of More Than $5 Million | USAO-NJ
CAMDEN, N.J. – A Dallas, Texas, man was sentenced today to 144 months in prison for his role in orchestrating and operating a fraudulent scheme to sell medical-related business opportunities, causing a loss of more than $5 million, Acting U.S. Attorney Rachael A. Honig announced. David Weinstein, 62, formerly of Cherry Hill, New Jersey, previously pleaded guilty before U.S. District Judge Robert B. Kugler to an information charging him with conspiracy to commit wire fraud and money laundering. Judge Kugler imposed Weinstein’s sentence today in Camden federal court. According to documents filed in this case and statements made in court: From December 2015 through November 2020, Weinstein and his conspirators,…
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