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Elizabeth Holmes loses bid to stay out of prison

cnbc.com

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Re: Elizabeth Holmes loses bid to stay out of prison

#31

Post by tptacek »

standardUser wrote: post #29
tptacek wrote: post #25

Earlier quoted context omitted.

People say stuff like this because it's fun to talk about, not because it's a live issue. Do you actually want to bet? There aren't a lot of serious odds you could suggest for this where I wouldn't bet she shows up, like everybody else does.

The last I heard, the founders of Ubiome had fled the country and are wanted by the FBI after their company was raided. Not everyone "shows up" if they have the means to flee.

Do you actually want to bet? I'd be happy to take your money.

Re: Elizabeth Holmes loses bid to stay out of prison

#32

Post by causi »

IIAOPSW wrote: post #6
nickpinkston wrote: post #3

If you steal more than $5K three times in California, you will get 25 years in prison [1], and while I think that's disgusting and detestable, I don't want any elites getting special treatment either, so as to force change in those sentencing guidelines. [1] https://www.kannlawoffice.com/grand-theft.html

Right, but Holmes didn't steal $5k more than three times. She stole millions of dollars but only did it once. So your statute doesn't apply.

I'm flatly amazed they couldn't prove anybody died as a result of her deliberate greed-fueled negligence in providing fake medical test results. She should be charged with manslaughter.

Re: Elizabeth Holmes loses bid to stay out of prison

#33

Post by stametseater »

ExMachina73 wrote: post #18

Any bets she actually reports? Odds anyone? I feel a woman of her means and personality may try to disappear, go off grid. Does she still have access to money? Were her assets frozen?

A woman of her means is not accustomed to life on the run.

Re: Elizabeth Holmes loses bid to stay out of prison

#35

Post by standardUser »

I have a really hard time believing that non-violent crimes should result in a person being locked in a cage. I'd rather see restrictions that limit their ability to do more damage, like when a reckless driver gets their license revoked. Besides, a free person with a job can pay back their debt to society, literally, with money, instead of the rest of us paying their living costs.

EDIT: As comments point out, it is arguable that the crimes in question are violent because they directly jeopardized people's health.

Re: Elizabeth Holmes loses bid to stay out of prison

#37

Post by thih9 »

nickpinkston wrote: post #3

If you steal more than $5K three times in California, you will get 25 years in prison [1], and while I think that's disgusting and detestable, I don't want any elites getting special treatment either, so as to force change in those sentencing guidelines. [1] https://www.kannlawoffice.com/grand-theft.html

> If you steal more than $5K three times in California (...)

Possible typo, linked article lists $950.

Quote: "Grand Theft is punishable under California's “Three Strikes” system. (...) If you get three “strikes” on your record, you'll serve a minimum of twenty-five years in a state prison. (...) to be guilty of Grand Theft under CPC §§487(a)-(d), you must: Take property or services worth more than $950; or (...)".

Source is the same, i.e.: https://www.kannlawoffice.com/grand-theft.html

Re: Elizabeth Holmes loses bid to stay out of prison

#38

Post by adrr »

throwaway5959 wrote: post #4
nickpinkston wrote: post #3

If you steal more than $5K three times in California, you will get 25 years in prison [1], and while I think that's disgusting and detestable, I don't want any elites getting special treatment either, so as to force change in those sentencing guidelines. [1] https://www.kannlawoffice.com/grand-theft.html

It's pretty disgusting how little jail time she's receiving for the scope of her crimes.

Stealing tens of millions from VC funds that have multi billion dollar portfolios. Thats the scope. Compared to stealing catalytic converter off someone making $40k a year and who has $2,000 in the bank and will need to spend half their savings to replace their catalytic converter.

Re: Elizabeth Holmes loses bid to stay out of prison

#39

Post by JumpCrisscross »

KindAndFriendly wrote: post #15

Reading this entire story, it baffles me that as of today I can still add a "Full Self-Driving Capability" option when ordering a Tesla.

> it baffles me that as of today I can still add a "Full Self-Driving Capability" option when ordering a Tesla

Capability, not feature. I know that isn’t how it’s marketed. But Elon isn’t claiming he has Level 5 right now. Most FSD buyers seem aware they’re paying into a research effort.

Fraud requires knowledge and intent. You’re making a good case for a class action lawsuit, i.e. civil action. Not for putting someone in jail.

Re: Elizabeth Holmes loses bid to stay out of prison

#40

Post by luckylion »

haliskerbas wrote: post #23
KindAndFriendly wrote: post #15

Reading this entire story, it baffles me that as of today I can still add a "Full Self-Driving Capability" option when ordering a Tesla.

$TSLA made enough people rich I suppose. I saw some gains myself although not on a large scale. Still don’t like the guy but there’s the old adage “for my friends everything, for my enemies the law”. If $TSLA plummets a crazy amount the tables may turn

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