Elizabeth Holmes Is Still Showing ‘No Remorse’ To Her Victims

Elizabeth Holmes Is Still Showing ‘No Remorse’ To Her Victims


July 6, 2023 | Eul Basa

Elizabeth Holmes Is Still Showing ‘No Remorse’ To Her Victims


It’s said that no one mourns the wicked, but most of the time, the wicked don’t really care anyway. In the case of Elizabeth Holmes, prosecutors say that she is exhibiting no signs of remorse to her victims, despite the considerable harm and detriment her company Theranos has brought to them.

In a new court document filed this week, it was revealed that Holmes is still living comfortably in an estate that costs $13,000 a month to maintain. Homes had previously submitted cash flow statements to the US probation office which confirmed the pricey upkeep as well as her residency on the estate for a period of over a year.

“[Holmes] continues to show no remorse to her victims,” said prosecutors in the document.

h_14842722

Holmes founded Theranos, a health and wellness company, back in 2003 after dropping out of Stanford. The start-up promised comprehensive and accurate blood testing with just a single drop of blood, a feat that was later discovered to be nothing more than a farce. Still, Theranos managed to grow to a staggering $9 billion, defrauding investors of more than $700 million according to Investopedia.

Holmes was found guilty of four fraud charges and sentenced to 11.25 years in prison. She appealed her conviction in early December, asking that her travel restrictions be eased. Her request is based on “vague references” made to her partner Billy Evans’s work schedule, even though she herself has listed Evans’s salary as $0.

Prosecutors are urging Holmes to begin serving her custodial sentence as is required under the justice system and to answer for the crimes that she committed nearly a decade ago. Currently, Holmes is expected to report to prison on April 27, 2023.

“There are no two systems of justice — one for the wealthy and one for the poor. There is one criminal justice system in this country.”

Sources: 1, 2


READ MORE

Upgrades You Should Implement To Increase Your Property Value

The housing market is competitive, to say the least. If you want your home to stand out on the market, here are some things you can do to make it seem brand new.
December 19, 2024 Ethan Vestby
Last Will

Things You Need In Your Will That Too Many People Forget

Think your will is complete? Even the most carefully crafted ones often miss necessary elements that could leave your family in limbo. If you want it to be a peaceful ride, continue reading.
January 15, 2026 Miles Brucker

Simple Career Changes To Make More Money In 2025

If you're looking to change tracks in 2025 and jump into a new career but aren't looking to go back to school or spend time and money retraining in an entirely new profession, here are some career changes you can make to make more money next year.
January 1, 2025 Jack Hawkins

My husband hid over $100K in gambling debts while I thought he had the money invested. At 55, our retirement is off-track. What happens next?

It can be devastating to discover hidden debt if you're in your 50s, but there are steps you can take to protect your future and your retirement.
October 29, 2025 Sammy Tran

Laid Off In Your 50s: Strategies For Moving Forward

Losing your job is bad enough, but being laid off in your 50s hits especially hard. We look at strategies for getting back on track.
October 30, 2025 Alex Summers

My Lease Is Ending And I’m Over The Mileage Limit. Should I Buy It Out Or Turn It In?

You’re cruising toward the end of your lease, feeling pretty good… until you check the odometer and your contract. You’re thousands of miles over the limit, and those little extra miles are about to cost real money. Do you pay the mileage fees and turn it in, or buy out the car and keep it? The good news is that you actually have more control here than it feels like.
December 3, 2025 Peter Kinney


Disclaimer

The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.





Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team