George Demos, a white collar criminal defense attorney, former SEC senior counsel, and current professor at UC Davis joins Yahoo Finance Live ahead of Elizabeth Holmes’ sentencing to discuss Holmes’ behavior and demonstrated lack of remorse for her actions.
Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes
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#yahoofinance #elizabethholmes #theranos
She is quite delusional. Still doesn’t think she did anything wrong? No Remorse? Haven’t seen or heard evidence of it. But can she fool the judge?
no she cannot fool this judge !!!
Yep delusional sure fits however I submit that delusional sociopath might also fit somehow it also appears that she was captivated by Steve Jobs then maybe living in some sort of a visionary startup techy dreamworld even so it’s still so amazing to see the supposedly sophisticated investors that get burned by these people – oh you have a blood machine you want me to invest in I’ll get blood work done at the lab then let your device test my blood and compare the results before writing you a check how about that her sentence was within the parameters so hopefully it’s not overturned on appeal now on to FTX
she is a woman and they only get treated equally or demand equal treatment when the benefits are good.. she now demand the special treatment that all of society reserves for women… i dont have any problem with them letting her go so she can do this again to those rich folks … as long as she keep ripping off the privilege few
She fooled the judge otherwise get 11 years to life would’ve been ok. But thank God stupid elite investors got robbed and I’m happy.
What’s wrong in fooling few rich, evil crooks that are fucking the whole world from behind
I say jail her for long time. greed and lies
If she gets less than ten years, it’ll be a travesty.
Pregnancy being factored in? That’s the most absurd thing. If that works, then just get knocked up when you have to go on trial. She’s really trying to use the woman’s card up until the last second.
She did it the first time but that plan blew up in her face with all delays so she endangers herself and her unborn baby and gets knocked up immediately after giving birth to the first one right before her trial started.
Glad they didn’t fall for it!
She should’ve gotten 20 years for her crimes. If it were a minority male committing the exact same crimes, they would’ve gotten 20+ years.
@jack chop this is a criminal case. Amber Heard having a baby wouldn’t affect her trial because there was no threat of jail time. Just money. It’s civil. Also there’s no women card. Women give birth in jail and prison. They’re justed cuffed to the bed.
Also… it was a shame she fraud investors, now CA tax payers are having to pay for the court fees. Unacceptable
She deserves at minimum 10yrs for the clear fraud she committed and deserves whats coming to her..
LOCK HER UP! THINK OF THE PATIENTS. SHE ONLY GOT BY WITH THIS BECAUSE SHE’S A RICH WHITE WOMAN.
SBF is next. Justice is damn slow.
SBF seems to have been coddled by the media as a good guy but lot more money down the drain by him.
😂😂😂
Nothing will happen to sbf bro
They donated to the political party, might be a resistance
An 18 mo home confinement sentence would be spitting in the face of our society and completely invalidating our justice system.
@Hippie Van in a prison with tennis courts and butlers probably.
That’ll just give the Holmes time with her young kids. How is that a punishment?!
I hope she gets the book thrown at her hard.
And if she were black , she would be given 40+ years ! Shameful legal system …
Imagine growing up to one day find out that your mother likely had you solely to avoid prison…. with her absence clearly indicating it didn’t work.
The judge should have given the “superintelligent” genius that eighteen months home confinement to build that contraption and after that period if she hadn’t successfully perfected it she would be sent to prison to do the whole 20 year stretch. That would be the perfect justice – cruel justice.
Karma. Daddy was an Enron fraudster. Now his little girl will do time!
Scott Budman just tweeted out: She’s been sentenced to 11.25 years. Justice has been served!!!
For real!
Not really
Probably won’t have to report until the baby turns 2
Here comes the appeal. 9th Circuit Court of Appeals.
When your a women thief….make sure your pregnant during trial……
All the justice. The election, the fall of Elon and the Holmes sentencing.
elon didn’t fall…. yet!
the fall of elon? what are you talking about? More people are using twitter now than ever.
Hmmm you got a pretty vindictive mind. Carrying that bile will affect your mental health.
And your delusions.. So true. All this justice.
@Mark Thomas If you call Justice “bile”, maybe you should check your head.
After all the hurt she has caused, she dare she use her Pregnancy has a get out of jail free card, she got Pregnant on purpose after she got convicted
What a selfish woman. Getting pregnant when she is fully aware she well may be prison for a large part of her childrens chidhood.
Child apart, because every child is important…. Except the aborted ones of course!! Indeed, abortion is an option for her maybe!? Choice n all that. We know that a child is better dead than born at an inappropriate time. Anyway, aside from the REAL needs of the child, it’s pretty much thin end of the wedge!!
@Mark Thomas So many what ifs, so many missed opportunities. Just think… we wouldn’t need to listen to countless fools spouting incessant garbage if only some women had availed themselves. Present company excepted of course.
@Mark Thomas Well she got 11 years. She will appeal of course. She goes to jail in April so she will have had the child by then. Only for it to have its mother leave.
Having a career working very closely with UHNW families, I can tell you many don’t parent their children in the traditional sense. In my experience each child typically has dedicated staff from the time they are born. Holmes will likely go to a min security prison (FCI) where there is yoga, meditation practice, Pilates, and ceramics avl to the inmates. Just like the FCI Ghislaine Maxwell is housed at. She will have family visits lasting a few hours with her children where she will be permitted to touch and interact as a parent normally would with their children. Likely the same amt of time they would have spent with her if she wasn’t imprisoned.
Ha! 11 years
Whats is this??? Personality disorder wise? Narcissism? Or would she be more of a sociopath to show 0 remorse and somehow rationalize that what she did was “ok”
Borderline personality disorder.
Sociopath. No empathy whatsoever and very manipulative and a sky-high ‘self worth’.
life without parole.
Damn bro lol
Just like Sam and Meet Kevin, etc. they still don’t get what they have done wrong. Fascinating!
What did meet kevin do?
@Alex S. He received a good amount of money to promote a company to his followers without doing proper due diligence.
Yay!!!! She got 11 years!
it only got 11 years and a $400 dollar fine – restitution to be decided at a later date and it doesn’t have to surrender until April 2023 – just enough time to pop it’s bun.
A lot of perfect judgmental Pharisees here today. Good luck in the next life—you judges
Well 11 years jail time but doesn’t start until April 27, 2023, presumably after her child is born.
Incredibly arrogant and selfish woman getting pregnant in the midst of heavy jail time!
Her dumbasss should got atleast 20 yrs
Getting pregnant was a deliberate ploy to gain leniency.
She is so selfish for getting pregnant
knowing she may go to prison. Glad to see they didn’t fall for it
This just shows ….. Crime does pay… 🥸Criminals are starting to agree with the risk reward equation. Commit a crime, get a slap on the wrist. Commit an egregious crime..get a decreased sentence in federal accommodations. 🥸
There are a lot of pregnant women in prison, she doesn’t deserve any special treatment. However she and her family are very wealthy, that may factor into her sentence, remember Ghislane Maxwell.
what the hell the pregnancy has to do with anything….. the child must have a father, he can take care of it, or the jaihouse must have a daycare….. jail with her and for a long time!
Just saw she got 11 years of prison. She did this to herself. She decided to bring babies into this mess. At least, they will be raised away from someone that is just a swindler. We all work hard to make a fraction of the money she took fraudulently from others. 11 years away from her children is best for her children honestly. She is a fraud, cheat and would take money from anyone that offered it by lying even today. So long, Lizzie. Even though it will be club fed, enjoy prison.
She can have her baby in prison…full proper medical care.
Then she can finish her15 year sentence.
This means there’s going to be an appeal to the 9th Circuit Court of Appeals.
1. Blame it on “abusive Balwani”. Check.
2. Fail to admit responsibility. Check.
3. Pop out a sympathy kid. Check.
4. Get pregnant after conviction with another sympathy kid. Check.
5. Appeal the sentence. (theyre’ll be a “check” here in an hour or two.
UPDATE: Avila gave her 11.25 years but doesn’t have to report to prison until the end of April. Holmes did mention some responsibility AFTER the sentencing. That may make an appeal more difficult but I’d bet money an appeal will happen. Dad looks like he’ll need to step up and be a real father to his children that he knowingly had a part of their poor timing.
It wasn’t just the money, she put lives at risk putting fake blood machines in pharmacies.
Lol
So endlessly calculating thinking a baby would save her.
Bravo 👏🏼
FORGIVE AND FORGET
IT’S ONLY MONEY
Theft is a crime. She stole the sweat and toil of the the investors she deceived. No doubt civil cases will follow. It’s not a victimless crime!!
PARDON ELIZABETH HOLMES
Why she got pregnant? Selfish Elizabeth thought she was going to be out. Now two children without a mother. She should be more thoughtful and those around her should ask her not to have babies in this circumstances. Where is her brain??? Poor little innocent children!
Her mom is committed to take of the children, I bet.
She got 11 years and 3 months prison.
Bilked many and show no remorse either.
Her lawyers STRAIGHT UP ARGUED, 🤬 that since she is PREGNANT she should not do jail time. They should have both children taken for openly admitting to the court that they’re being used as pawns and HAD THE BALLS TO STATE SOMETHING SO UNCONSCIONABLE AND ASK FOR LENIENCY BECAUSE OF IT. CAN YOU GET ANY LOWER AS A HUMAN BEING???? 🤮 🤬
*I agree with them !!!!!*
Exactly.
She should have got more jail time for purposely getting pregnant. Just shows what a selfish and conniving bitch she is.
I would’ve given her 10 years and she’d have to alternate between voices everyday of the week.
Well, she got slightly over 11.😃
Spoiled rich kid gets held accountable for the first time in their life….color me beyond surprised
Well if she gets 11-14 yrs of confinement she’ll have plenty of time to work on the final details to fix her magic blood test analyzer box. I hope she does not get too traumatized by having to share a cell and toilet.
I hope her cell-mates give her a warm welcome and make her life a misery.
Why is her Boyfriend standing by her. He was, and is, way out of her league even before she was exposed for the fraudster she is.
Men are just dum. I think it’s also part of what a good con artist she is.
Standing by a partner in tough circumstances in generally a positive trait. So in marriage we say in sickness and in health…. Nuff said!!! One sick lady!
Well, he’s not going to be short of money and afford to pay child minder if he’s not the fathering kind !
I cannot think of anything more detestable than using a child as leverage in a criminal trial.
And she used 2.
another fraud: got pregnant in a bid to avoid jail, this female Zuckerberg is pretty smart
She is a major narcissistic personality who does not feel mature emotions or guilt she is a “victim” lol of her own doing lied for years stole money and put people at rusk
A pampered, privileged, scamming, lying, disgusting piece of filth defrauded investors of millions of dollars, falsified information, defrauded the government etc etc etc. She formed the “most prestigious board in American history” full of scammers like her and these powerful friends “vouched” for this garbage pail. If there’s any justice in this world may they all die a horribly excruciating painful death.
So selfish to have two baby’s on on the way and new relationship when she knew this would happen they are props to help her try to escape responsibility
If she were black, her sentence would be 40+ years !
Hmmm!! I think the tariff was 11 to 14 wasn’t it??? Or are you implying that there is a different tariff according to race. You ought to take that racist comment back. It is racist on the face of it!!
@Mark Thomas again : if she were black, she would of gotten 40+ years !
The US has an extremely racist legal service, known internationally ! Do your homework
@Mark Thomas tariff 🤣😂
@Mark Thomas ignorance is never bliss – your comment clearly outlines your ignorance . Educate yourself
@Mark Thomas 20 years. Prosecutors pushed for 15, probation 9. Judge weighed facts and arrived at 11. 85% mandatory: she’ll be out in 9.3 …
THIS IS A TRAVESTY OF JUSTICE. THERE IS SOMETHING MORALLY WRONG WITH THE COURT SYSTEM IN THIS COUNTRY. IF YOU OR I DID THIS CALLOUS CRIME, THEY WOULD BURY US UNDER THE PRISON AND THROW AWAY THE KEY. THIS BITCH DESERVES LIFE IN PRISON WITHOUT PAROLE.
11 yesrs 3 months? She will be eligible for parole in a few months.
As far as being pregnant, I think pregnant defendants do jail time. At least she has family to care for the child, once it is born.
there are bunch of people that is pregnant in prison
She was fully aware she could get jail time and indeed has got 11 years. So the child will not have its mother in its early years, probably for at least 5 years maybe more. Unless she is able to shorten the sentence by appeal. Not a clever decision to get pregnant knowing that you are probably going to go to jail. I think she is narcissistic and just considers what she wants.
Many people don’t know this, but Elizabeth Holmes has already started up a new company called Theranus, a combination of the words “therapy” and “anus.” True story…
Development testing to be done in jail:)
Watch Biden pardon her
He is not trump
AMERICA
She should have shot and killed someone then claimed she was a member of some minority and gotten off with time served. Instead she exaggerated that her devices were ready before they were and some rich people with connections with our “justice” department lost money because they panicked.
No black or poor person would get to go home to give birth to kid made to manipulate us all.
She got 11yrs 😃✔️
Bernie got over 100 yrs. She should get same
Look up Within Heaven’s Gates by Rebecca Springer 😇
Holmes and Theranos will be studied in business schools as a fascinating case study in fraud, blind greed and zero oversight. The complicit media was pumping up investors to throw money at her (largely because she was a young, female, liberal CEO who hosted fundraisers for people like Hillary Clinton) without even bothering to look into the technology. She got what she deserved but there’s a whole lot more blame to share.
11.5 years is about right for Liz. Lets hope for convictions of Weinstein, Fried-Brokebank etc, that all receive their due reward
she will do about 75% of that sentence
Sam should be given same sentence as bernie did, meaning decades in prison. Liz cheated big hedge funds and “smart” money. People with sufficient knowledge and who mostly lost money intended for risky investments. Sam cheated vendors with net worth of 100$ and less. People lost most of their savings instead of some part of diversified portfolio. Ponzi vs intelligence fraud. Both are bad but consequences are to different type of investors. Smart money tend to be less protected and often instead of jail wants just money back, or at least bigger share of future revenue if there is possibility of redemption in eyes of investment firms.
@vvdd903 Federal time is 85% and it’s hard to do less. 9 years
Your child will be a teenager by the time she gets out
Not quite. 11 is not a teenager !
Her baby is probably saying “why was I born to the incompetent woman”
*She thought she was slick gettin pregnant again*
what about the money she gained and accumulated by her fraud ?!… i hope it will be recovered !
I’m sure that civil cases will follow!!
Who would be willing to go to prison for 12 years for 4.5 Billions? (that’s her sentence and her peak net worth). 4.5 Billions is 4500 times a million. Even if I can make a million per year, that will be 4500 years. Also, she might not have 4.5B now, but I am sure she stow away millions, if not billion.
She has no money. LOL!!! Imagine being this intelligent.
elon musk and self driving cars should be next .
%100
Your gonna have to be really clear about the crime here. What crime has Elon Musk committed other than making you cry!!!
@Mark Thomas You’re surely too old to be a fanboy, I thought they were all mid twenties virgins…. wait, what mental age are you?
She stole a billion dollars that should be life in prison.
Setup vip lounge, bed, fitness, sauna prison and put her there
How the duck is she not going to jail right away?!! Someone explain this nonsense
There is the issue of the child who has done no harm to anyone. Though, in my opinion that could be accommodated within the system.
@Mark Thomas a lesser status person would’ve went to jail with the baby
Heard that she’s to pay $800M restitution. 11 years. Reports in April.
Why no mask no social distancing. Extremely deadly and dangerous outside. Trillions dying everyday. Everyone need stay home
I’m going to assume you are trying to make a really poor joke!!
@Mark Thomas this is no joke. Trillions dying everyday. Everyone need wear mask 24/7.
I’m glad she got at least 11.4 years. If she got pregnant thinking it would keep her out of prison – well it didn’t work!
Seems it did since sentence commences next year.
She has a Narcissistic Personality ,They do not Have the Ability to Accept any Wrongdoing.
11 years? they need to give death sentence to death white collar crims
Yt lady gets to right, She should r0t.
So SBF next?
She got off real light on the sentence.
She got 11 years. That is not light. I predicted 7.
@GH1618 that’s light. 7 years ?you must be joking. 15 years would have been appropriate.
@GH1618 she should have gotten the max sentence plus 5 years.
she is white and may get away.
SBF and all the executives in FTX are probably scared shitless now after seeing this
The fact she’s pregnant is really not a big deal. A lot of people have kids 1-3 years close in age. She still got a good prison sentence.
Should be a lethal injection
Who in their right mind would get pregnant with prison looming? I wouldn’t be surprised if she’s using this kid to stall her way out of reporting to prison. She lied to everyone else, so why not?
What about a trial for the victims of her fake blood tests? I guess it only counts if people lose a lot of money. Health fraud, fake results, not so much.
Of course not. She is a narcissistic, rich princess.
Is she living in a Usd 135 million residence at present?
She should’ve received life in prison. Mark Schena also deserves life in prison – but now his attorneys have precedent to argue for his sentencing. Of course, nobody in the moronic media knows who Mark Schena is – but he is a total scumbag who basically copied Elizabeth Holmes in fraud.
I wonder if she’s still doing her baritone voice since all this
It is so beyond irresponsible for her to get pregnant in the situation she’s in. Now those children have to suffer her crimes. I’m sure that she got pregnant partially to garner sympathy in sentencing.
Can’t believe she got pregnant to try to save her ass. Congratulations to that future psych-case
Lawyers should be held accountable… 18 month home confinement??? You cost people almost a billion dollars and their health and you have the nerve to ask for 18 months to be at home?? Basically just going through covid by yourself? At the sentencing lawyers should be held accountable for asking for outrageous leniencies
There couldn’t be a better example of a republican woman than this pos lol
She has been given 11 years. She is 38 meaning she won’t be out until she is 50 lmao 🤣.
Hope it was worth is holmes
Unbelievable they’ll let he have the child a home. Any poor black woman would’ve had in prison.