Elizabeth Holmes, the Theranos fraudster, had a second baby to escape going to jail
Elizabeth Holmes, the Theranos fraudster, had a second baby to escape going to jail
Updated on March 02, 2023 15:52 PM by Andrew Koschiev
During her appeal of the conviction, she was found guilty of defrauding investors about the blood-testing technology of her failed company. Elizabeth Holmes cites her new child as one more reason to delay the start of her over 11-year prison sentence. Documents filed last week confirmed Holmes' second pregnancy ahead of a hearing scheduled for March 17 regarding her request to remain free during a long appeals process.
Previously dated a guy who broke up with her
While the filing did not specify the child's birth date or gender, it is not surprising that the news was announced. Elizabeth Holmes was pregnant on November 18 when she was sentenced to prison for four felony counts of fraud and conspiracy in the same San Jose, California, courtroom where she was found guilty on November 18.
It had been delayed so Holmes could give birth to her son, her first child, with her current partner, William "Billy" Evans. Her first child was a son. In 2016, she met Evans after she broke up with her former boyfriend and business partner, Ramesh "Sunny" Balwani, who was found guilty of 12 fraud charges in a separate trial.
Restricted from going to prison
A hearing on Balwani's request for a delay to his nearly 13-year prison sentence was held earlier this month, but Davila still needs to issue his decision. He is also trying to convince the judge to delay his sentence. While she appeals, Holmes isn't just arguing that her two children should not be the only reasons she should be allowed to remain out of prison.
According to her lawyers, several mistakes and abuses during her trial suggest she will be overruled on conviction. As evidence that Holmes is neither a flight risk nor a danger to the community, they point to her unblemished record while on bail for four and a half years since her criminal indictment.