London Daily

Focus on the big picture.
Saturday, Jul 11, 2026

Elizabeth Holmes: Disgraced Theranos founder delays going to jail after winning appeal

Elizabeth Holmes: Disgraced Theranos founder delays going to jail after winning appeal

Her company, a Silicon Valley sensation, claimed it could test for dozens of diseases from a single blood test, but when the tech turned out to be flawed, the founder was jailed for more than 11 years.

Elizabeth Holmes, the disgraced tech billionaire convicted of fraud, has avoided starting her 11-year jail term on Thursday after a judge backed her appeal to delay it.

Holmes, 39, who founded Theranos, was sentenced to 11 years and three months after being found guilty of three counts of investor fraud and one count of conspiracy in November, following a four-month trial.

Theranos, a Silicon Valley sensation, promised to test for dozens of diseases from a single blood test, but was found to have flawed technology.

Ramesh 'Sunny' Balwani was sentenced to 13 years


Holmes, and her former partner and subordinate, Ramesh "Sunny" Balwani, were accused of fleecing investors who backed the company to the tune of nearly $1bn (£803m), at the same time as endangering patients' health.

Balwani, 57, is serving a nearly 13-year prison sentence after being convicted of 12 counts of fraud and conspiracy.

A judge in San Francisco upheld Holmes's lawyers' appeal against a lower court's decision on Wednesday to deny her release while she appeals her original fraud conviction.

Earlier this month, Judge Edward Davila rejected an appeal for her to be released pending further appeals and told her to report to a minimum-security prison near Houston on Thursday.

But late on Tuesday, Holmes's lawyers filed an appeal, saying that decision contained "numerous, inexplicable errors" including references to "patient fraud convictions", even though the jury acquitted Holmes on those counts, Sky's US partner, NBC News, said.

Holmes was sentenced in November for what prosecutors called "among the most substantial white collar offences Silicon Valley or any other district has seen".

Amanda Seyfried as Holmes in The Dropout.


She became America's youngest-ever self-made female billionaire by 2014, but after the tech was exposed as bogus, the company - once valued at $9bn (£7.3bn) - quickly came crashing down.

Prosecutors have until 3 May to respond to Holmes's latest motion, NBC News said.

Holmes outside court with family and friends, including partner Billy Evans


Holmes's term will begin around 20 years after she dropped out of Stanford to found Theranos, inspired by the successes of Silicon Valley heavyweights like Apple boss Steve Jobs.

She has two children, both fathered by her current partner, William "Billy" Evans, who she met after breaking up with Balwani.

Her astonishing rise and fall from history-making billionaire to the brink of jail has inspired documentaries, podcasts, and an award-winning TV drama - The Dropout - starring Amanda Seyfried as Holmes.

Newsletter

Related Articles

0:00
0:00
Close
Scottish Fishing Industry Calls for Emergency Support Amid Rising Costs
UK Supports Stronger European Response to Russian Actions in Ukraine
Devon and Cornwall Police Release Suspect in Ann Widdecombe Murder Investigation
Scottish MPs Demand More Government Support for Fishing Industry
UK Aviation Sector Faces New Rules as Parliament Reviews Passenger Protection Reforms
King’s College London Disciplines Students Over Pro-Palestine Campus Protests
Ministry of Defence Expands Military Capabilities Through New Precision Strike Investment
United Kingdom Condemns Russian Treatment of Ukrainian Children at International Security Forum
House of Lords Reviews Civil Aviation Bill to Strengthen Passenger Rights and UK Aviation Competitiveness
UK Aerospace and Defence Industries Contribute Nearly Forty-Seven Billion Pounds to Economy
UK Government Advances Consultation on Possible Social Media Ban for Children Under Sixteen
United Kingdom Ratifies Global High Seas Treaty to Protect Marine Biodiversity
United Kingdom Joins United States Precision Strike Missile Programme With One Hundred Ninety Million Pound Investment
UK Senior NHS Doctors Vote for Further Strike Action Over Pay and Contract Disputes
BBC Leadership Resigns After Donald Trump Launches Ten Billion Dollar Defamation Lawsuit
UK Fiscal Watchdog Warns Andy Burnham Government Faces One Hundred Billion Pound Budget Challenge
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Following Massive Investor Demand: SK Hynix Raises 26.5 Billion Dollars on Nasdaq
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
After Four Years, and Under a Heavy Veil of Secrecy: King Charles Meets His Grandchildren, Harry and Meghan's Children
Cross-Party MPs Call for National Climate Emergency Broadcast
Bayeux Tapestry Arrives in the United Kingdom for Landmark Exhibition
United Kingdom Launches Modern Slavery Prevention Programme in Vietnam
Police Warn Against Misinformation Following Disorder in Glasgow
Pension Reform Takes Effect to Consolidate Workplace Savings Industry
Treasury and Bank of England Monitor Economy as Energy Price Pressures Ease
Government Orders Treasury Reform of Disciplinary Procedures Following Civil Servant's Death
Ofcom to Require Major Technology Platforms to Block Scam Advertisements
Labour Apologizes Over Gaza Position in Bid to Rebuild Support
High Court Rules UK-France Asylum Agreement Protection Cuts Were Unlawful
Metropolitan Police Open Murder Investigation Into Death of Former MP Ann Widdecombe
University College London Report Proposes Replacing Council Tax and Stamp Duty With National Property Tax
Treasury Places Amazon, Google, Microsoft and Oracle Under New UK Financial System Oversight Rules
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
Westminster in Freefall as Farage's By-Election Gamble Triggers Broader Systemic Crises
Institutional Fractures and Political Volatility Reshape Britain's Domestic Landscape
Deadly Fire, Health Emergencies and Political Upheaval Shape a Volatile Global News Cycle
UK Energy Strategy Focuses on Storage and Offshore Wind to Support Renewable Transition
Regional Governments Gain Greater Role in Britain’s Infrastructure and Economic Strategy
Britain Strengthens Technology Sovereignty Through Tougher Artificial Intelligence Competition Rules
UK Government Expands Artificial Intelligence Use Across Public Services Despite Privacy Debate
UK Universities Warn of Financial Pressure After Sharp Fall in International Student Enrolment
Welsh Government Completes Rail Nationalisation With One Point Five Billion Pound Modernisation Plan
Northern Ireland Records Export Growth as Companies Benefit From Dual UK and EU Market Access
Greater Manchester Launches Two Billion Pound Plan to Convert Empty Commercial Sites Into Housing
National Grid Connects Europe’s Largest Battery Storage Facility in Yorkshire
UK Defence Ministry Plans Royal Navy Autonomous Fleet Deployment to Indo-Pacific
Scotland Approves Europe’s Largest Floating Offshore Wind Project Near Aberdeen
Competition and Markets Authority Blocks Forty Billion Pound Technology Deal Over AI Security Concerns
×