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

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
Retirement planning has undergone a serious upgrade recently. That famous 4% withdrawal rule everyone swears by? It's officially outdated. The new safe number is 4.7%, and it changes everything.
Old game consoles used to be stashed away in closets or sold at yard sales for a few bucks. But today? Some of them are collector goldmines.
You dreamed of transforming your beloved pet into an Instagram star, with sponsorships, fame, and free perks. Instead, you’re staring at mounting credit card debt, empty promises, and stress. The truth? Recovery is entirely possible with focus and persistence.
Balance transfer credit cards can be powerful tool for managing debt, but you have to understand the strategies and the risks involved.
You lent your son $15,000 for medical expenses, but when he recuperated from his health problem, he bought a new car and dismissed repayment by calling it “his inheritance.” Let's see what options you have to fix this situation.
Picture this: Black Friday deals popping up on every screen, your adrenaline pumping, and suddenly your credit card has gone from “loyal companion” to “overworked hostage.” To make matters worse, when you tried to undo the damage, the stores kindly handed you store credit instead of refunds. Yikes. The good news? This isn’t the end of your financial story. With the right steps, you can survive—and even come out financially wiser. Let’s dig in.
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