She had asked the ninth US circuit court of appeals to pause her sentence on 25 April, two days before she was to report to prison. The court on Tuesday denied her bail application.
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Good, rot in there!
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Elizabeth Holmes is the poster child for the American economy and its desperate attempts to maintain its standard of living by faking wealth creation.
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She’s just had two years cut from her sentence without explanation.
The other guy, too?
Wut??? Can you elaborate?
That seems odd (that they can just do it quietly shortly after someone has been sentenced).
Elizabeth Holmes’ prison sentence was quietly shortened by two years, new records show.
An update to Holmes’ profile on the website of the Bureau of Prisons now projects her release date as 12 December 2032, two years sooner than initially scheduled. A spokesman for the federal agency confirmed the update but said he could not comment further citing “privacy, safety, and security reasons” for inmates.
Apparently yes:
The sentencing change comes after her co-conspirator, Sunny Balwani, also saw two years shaved off of his 13-year sentence, with his projected date of release now 1 April 2034, according to the Bureau of Prisons website.
Elizabeth Holmes, Bernie Madoff, Sam Bankman-Fried, Adam Neumann etc. easily selling hot air to gullible Americans desperate for real wealth creation that will allow them to maintain their standard of living as the US economy slowly slips beneath the waves.
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The reduction seen by Holmes is in line with federal sentencing guidelines, which states that people convicted of federal offenses must serve 85% of their mandated sentence, even if they get time shaved off for good conduct.
This is of interest to me. Do any legal eagles know whether this 85pc is applied automatically to release dates? It seems highly unlikely.
My guess is the two years are being removed under the impression that it’s perhaps a rather odd reading of the 85pc rule, then a few years down the line the rule will be misapplied again. At that point people either won’t remember this two years being removed now and/or they won’t be able to provide a reason why two years is being removed now. Because there isn’t any. Also, they “must serve” doesn’t equate with fifteen percent of any sentence is automatically removed.
Either that or it’s a hell of a lot of good behaviour in a very short time. What’s she been doing? Possibly explains that deep voice?