Elizabeth Holmes must start prison term May 30, court rules
CBSN
Theranos founder and convicted fraudster Elizabeth Holmes has a new date to report to prison.
Holmes will stay free through Memorial Day weekend, then must report to the Bureau of Prisons by 2:00 p.m. on Tuesday, May 30, according to a ruling from federal judge Edward Davila of the Northern District of California. Holmes' lawyers proposed the new reporting date, asking for two weeks for Holmes to make "medical and child-care arrangements," court filings show; Davila approved it on Wednesday.
The day before, a federal appeals court denied Holmes' last-ditch bid to stay out of prison while she appeals her conviction on multiple counts of defrauding investors. The Ninth Circuit Court of Appeals ruled that the appeal was unlikely to result in her sentence being overturned.
