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> I thought the point was that their fraud endangered lives because people were relying on test results No. She was convicted of several counts of financial fr
by atombender 3y ago
> I thought the point was that their fraud endangered lives because people were relying on test results
No. She was convicted of several counts of financial fraud on investors. The definition of that crime does not encompass "endangering lives".
In fact, a lot of people expressed disappointment that she was not tried for endangering patients.
You can read the judge's sentencing statement here [1], which goes into their reasoning. Here [2] is the main wire fraud law she was convicted of violating.
[1] https://www.npr.org/2022/11/23/1138988456/read-what-a-judge-told-elizabeth-holmes-before-sending-her-to-prison-for-11-year https://www.npr.org/2022/11/23/1138988456/read-what-a-judge-...
[2] https://www.law.cornell.edu/uscode/text/18/1343 https://www.law.cornell.edu/uscode/text/18/1343
- fineIllregister 3y agoIn addition, her partner Ramesh "Sunny" Balwani was convicted of multiple counts of defrauding patients.