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A4 U.S. NEWS
Wednesday 12 april 2023
Theranos’ Elizabeth Holmes loses bid to stay out of prison
By MICHAEL LIEDTKE was born at some point af-
AP Technology Writer ter her November sentenc-
Disgraced Theranos CEO ing. She conceived both
Elizabeth Holmes has been with her current partner,
rebuffed in her attempt to William “Billy” Evans, whom
stay out of federal prison she met after breaking up
while she appeals her con- with Balwani in the midst of
viction for the fraud she Theranos’ downfall.
committed while oversee- The denial of Holmes’ re-
ing a blood-testing scam quest to remain free is the
that exposed Silicon Val- latest twist in a long-run-
ley’s dark side. ning saga that has already
In an 11-page ruling issued been the subject of an ac-
late Monday, U.S. District claimed HBO documen-
Judge Edward Davila con- tary and an award-winning
cluded there wasn’t com- Hulu TV series.
pelling enough evidence Although they had sepa-
to allow Holmes to remain rate trials, Holmes and Bal-
free on bail while her law- wani were accused of es-
yers try to persuade an ap- sentially the same crimes
peals court that alleged centered on a ruse touting
misconduct during her Theranos’ blood-testing sys-
four-month trial led to an Former Theranos CEO Elizabeth Holmes leaves federal court in San Jose, Calif., March 17, 2023. tem as a breakthrough in
Associated Press
unjust verdict. health care.
The judge’s decision means March 17 to try to convince garage and planted the Davila has recommended The claims helped the
Holmes, 39, will have to sur- Davila that various missteps seeds of what grew into Sili- Holmes serve her sentence company become a Sili-
render to authorities April by federal prosecutors, con Valley. in a Bryan, Texas, prison. It con Valley sensation that
27 to start the more than and the omission of key evi- Holmes could still file anoth- hasn’t yet been publicly raised nearly $1 billion from
11-year prison sentence dence, will culminate in the er appeal of Davila’s lat- confirmed if that will be the investors and at one point
that Davila imposed in No- Ninth Circuit Court of Ap- est ruling, a maneuver her facility where she reports. anointed Holmes with a
vember. The punishment peals exonerating her. co-conspirator at Theranos Unless she can find a way $4.5 billion fortune, based
came 10 months after a Holmes’ prison sentence is Ramesh “Sunny” Balwani to stay free, Holmes will be on her 50% stake in Ther-
jury found her guilty on four scheduled to start roughly successfully used to delay separated from the two anos. Holmes also parlayed
counts of fraud and con- 20 years after she dropped his scheduled March 16 children she had leading the buzz surrounding Ther-
spiracy against the Theara- out of Stanford University date to begin a nearly 13- up to the trial and after her anos to speaking engage-
nos investors who believed when she was 19 years old year prison sentence. But conviction. ments on the same stage
in her promises to revolu- to start Theranos in Palo the Ninth Circuit Court of Her first child, a boy, was as former President Bill Clin-
tionize the health care in- Alto, California the same Appeals last week rejected born shortly before her trial ton and glowing cover sto-
dustry. city where William Hewlett that appeal, and Balwani is began in September 2021. ries in business publications
Holmes had accompanied and David Packard found- now scheduled to report to The youngest child, whose that likened her to tech vi-
her lawyers to a San Jose, ed a company bearing a Southern California prison gender hasn’t been dis- sionaries such as Apple co-
California, courtroom on their surnames in a small on April 20. closed in court documents, founder Steve Jobs. q
Report: U of Minnesota ‘committed genocide’ of Native people
MINNEAPOLIS (AP) — The university has critically ex- ber of the Bois Forte Band Project short for Towards they called their “truth-tell-
University of Minnesota amined its history with Na- of Chippewa. Recognition and University- ing.”
should hire more Native tive people, said Shannon The report is the result of Tribal Healing which has The project started follow-
American faculty, offer Geshick, executive director a collaborative effort be- received funding from the ing a series of reports in
students additional finan- of the Minnesota Indian Af- tween the council and the Mellon Foundation, Minne- the publication High Coun-
cial support and give back fairs Council and a mem- university called the TRUTH sota Public Radio reported. try News in 2020 revealing
land to atone for its historic “The TRUTH Project just rips how universities around
mistreatment of the state’s that open and really re- the country were founded
tribes, a report conducted veals a narrative that a lot on the proceeds of land
through a collaboration of people I think just don’t that was taken from tribes
with the school concluded know,” Geshick said. through the 1862 Morrill Act.
Tuesday. The effort draws on archival That included a financial
The report said that the uni- records, oral histories and bonanza dubbed the
versity’s founding board of other sources to examine “Minnesota windfall” that
regents “committed geno- through an Indigenous lens channeled more than $500
cide and ethnic cleansing the troubled history be- million to the fledgling Uni-
of Indigenous peoples for fi- tween Native people and versity of Minnesota from
nancial gain, using the insti- the state’s flagship univer- leases and sales of land
tution as a shell corporation sity. taken from the Dakota tribe
through which to launder The university stopped short after the federal govern-
lands and resources.” of saying whether it would ment hanged 38 Dakota
Totaling more than 500 adopt the recommenda- men in Mankato, Minneso-
pages, the report marks the A woman walks on campus at University of Minnesota on April tions but thanked research- ta, in December 1862, end-
first time a major American 21, 2020, in Minneapolis. ers in a statement for what ing the U.S.-Dakota war.q
Associated Press

