“Federal prosecutors are asking a judge to sentence Elizabeth Holmes to 15 years in prison,” reports the Guardian, “and require the Theranos founder to pay $800m in restitution, according to court documents filed on Friday.”
A jury found Holmes guilty in January of four counts of investor fraud and conspiracy. Her sentencing is scheduled for 18 November, and she faces a maximum 20 years in prison. Prosecutors argued that “considering the extensiveness of Holmes’s fraud”, their recommended sentencing would “reflect the seriousness of the offenses, provide for just punishment for the offenses, and deter Holmes and others”.
Holmes’s lawyer argued in documents filed on Thursday that the ex-Theranos boss should not be sentenced to prison at all and, at most, should receive 18 months of house arrest. The court filings argued that Holmes had been made a “caricature to be mocked and vilified” by the media over the years, though she is a caring mother and friend.
“Ms Holmes is no danger to the public,” Holmes’s lawyer said in the court documents. “She has no criminal history, has a perfect pretrial services compliance record, and is described by the people who know her repeatedly as a gentle and loving person who tries to do the right thing.”