In Delusional White Collar Criminal News: Elizabeth Holmes Is ‘Fighting for Her Freedom’

It’s been seven years since Elizabeth Holmes was indicted on wire fraud and conspiracy charges in the Theranos scandal seen ’round the world and it seems she still thinks she’s innocent…

This week, it was reported that Holmes had appealed her sentence in the hopes of overturning her 2022 fraud conviction. The filing hinged on Holmes’ attorneys’ argument that prosecutors presented testimony from Theranos’ final lab director that was “infected with error” during the four-month proceedings and that the man was never properly vetted by the judge as an expert. The solution, according to her representation? That the conviction be overturned in lieu of a new trial. First Billy McFarland is back with Fyre Fest 2.0, now this? The delusion of white collar criminals must be studied.

Fortunately, the request was denied by a federal appeals court, with three judges deeming her claims invalid. In a written statement to People, Holmes responded to the decision: “I am more determined than ever to fight for my freedom. And I know that when the truth finally comes out I will be proven innocent.” What are the odds of an early release or conviction reversal? According to Neama Rahmani, a former federal prosecutor and attorney, not very high.

“This is likely the end of the road for Holmes. She gets one appeal as of right, and this was it,” Rahmani said, noting that there may be options for other appeals, but “only a small percentage” of those culminate in a hearing.