SAN JOSE, Calif.—Elizabeth Holmes is a flight risk and shouldn’t be allowed to stay out of prison while she appeals her 11-year prison sentence for defrauding investors, federal prosecutors said in court documents.
Holmes had a one-way plane ticket to Mexico booked for Jan. 26, 2022, three weeks after being convicted by a jury on four counts of fraud and conspiracy, federal prosecutors said in a motion filed Thursday in federal court in Northern California.
Holmes, who was CEO of Theranos during the company’s turbulent 15-year history, was convicted in a scheme that revolved around the company’s claims to have developed a medical device that could detect a multitude of diseases and conditions from a few drops of blood. But the technology never worked, and the claims were false….