According to a new court filing, the 38-year-old bought a one-way ticket to Mexico last January.
"There are not two systems of justice - one for the wealthy and one for the poor." During her sentencing hearing, she was ordered to self-surrender to prison on 27 April this year. Prosecutors want her to surrender as planned in April. That process could take a year. The former Silicon Valley star falsely claimed the technology could diagnose disease with just a few drops of blood. "The time has come for Elizabeth Holmes to answer for her crimes committed nearly a decade ago," they said.
Elizabeth Holmes, the founder of disgraced biotech firm Theranos, bought a one-way ticket to Mexico shortly after she was convicted of fraud last January, ...
The U.S. Marshals service is the primary agency designated for tracking fugitives. has maintained bilateral extradition treaties with Mexico dating back to the 19th century — perhaps contrary to belief that crossing the southern border guarantees freedom. in [her] words or manner, a genuine acceptance that [s]he stole a significant amount of money from [investors] by lying and falsifying documents,” the prosecutors say. District Court Judge Edward Davila ordered Holmes to surrender herself into custody by April 27. [a judge sentenced Holmes to more than 11 years in prison.
A new court filing from prosecutors alleges that Theranos scammer Elizabeth Holmes attempted to fly to Mexico after she was found guilty of fraud.
Her case has come to represent the dark side of Silicon Valley’s hustle culture and “fake it till you make it” ethos. The founder of the failed blood-testing start-up “But she also had not yet cancelled the trip, amidst everything that has been going on.” “Given the verdict, she does not plan to take the trip,” read the statement. Davila of California’s Northern District said he believed it was Holmes’ hubris and intoxication with fame that led her to defraud investors of more than $100 million. “Only after the government raised this unauthorized flight with defense counsel was the trip canceled,” read the filing.
Theranos founder and former CEO Elizabeth Holmes tried to “flee” the United States a few weeks after her conviction for fraud last year, prosecutors said in ...
They said they expect Holmes will argue in reply to their filing that she did not actually leave the country, but it is difficult to know what would have happened without government intervention. 26, but a return flight was not scheduled. Holmes has since appealed her conviction and filed a motion to be released from detention at an estate while her appeal plays out. [was found guilty of three counts of wire fraud](https://thehill.com/regulation/court-battles/588094-jury-finds-theranos-founder-elizabeth-holmes-guilty-on-four-counts/) and one count of conspiracy to commit wire fraud last January for misleading investors about the effectiveness of her startup company’s blood-testing technology. Prosecutors said in the filing that Holmes’s legal defense has argued that she has a “flawless” pretrial record but does not mention her “attempt to flee.” They said the government learned on Jan. But prosecutors said in a filing opposing her motion that Holmes has not shown “clear and convincing evidence” that she is not a flight risk, in large part because she allegedly planned a flight to Mexico after being convicted.
The former Theranos CEO is slated to report to prison in the spring to serve 11 years for defrauding investors about the company's blood-testing technology.
"And under that system, the time has come for Elizabeth Holmes to answer for her crimes committed nearly a decade ago." Holmes would be able to make this trip to attend the wedding of close friends in Mexico," he wrote. "The hope was that the verdict would be different and Ms. "Only after the government raised this unauthorized flight with defense counsel was the trip canceled." Prosecutors said Holmes booked a one-way flight to Mexico scheduled to depart on Jan. "The government became aware on January 23, 2022, that Defendant Holmes booked an international flight to Mexico departing on January 26, 2022, without a scheduled return trip," the court filing states.
Prosecutors say Elizabeth Holmes had a one-way ticket to Mexico ready after her conviction for fraud in January 2022.
Her travel plans were canceled after the government questioned Holmes's attorneys, who claimed that the travel reservation was made before the verdict and that she only meant to attend a friend's wedding in Mexico. [Why a Crisis May Actually Be the Best Thing That Can Happen to You](/article/442525) [Launched an Ecommerce Company After a Frustrating College Experience](/article/442745). Elizabeth Holmes, the former CEO of blood-testing startup Theranos, was convicted of defrauding investors in January 2022. [This Simple 3-Step Framework](/article/441123) [Theranos](https://www.entrepreneur.com/topic/theranos) was valued at $9 billion.
The former Theranos CEO had bought a one-way ticket out of the US, according to federal prosecutors.
Holmes is scheduled to return to court on March 17 for a hearing on her request to stay out of prison while she appeals her conviction. Holmes had a one-way plane ticket to Mexico booked for January 26, 2022, three weeks after being convicted by a jury on four counts of fraud and conspiracy, federal prosecutors said in a motion filed on Thursday in a federal court in Northern California. - Attorney's for Holmes say she had booked the ticket before the verdict to attend a wedding in Mexico