Re:SEC Charges Former CEO of Jumio Inc. with Defrauding Inve...
by CPLX on Tuesday April 02, 2019 @06:50PM
(#19559332)
Elizabeth Holmes is in jail?
Re:SEC Charges Former CEO of Jumio Inc. with Defrauding Inve...
by dragonwriter on Tuesday April 02, 2019 @07:34PM
(#19559581)
She's currently out on $500,000 bail while the criminal charges against her proceed, but prison time is at issue with the charges.
We saw similar comments following the SEC fining Elizabeth Holmes. Criminal investigations take longer than civil proceedings, and the SEC doesn't have the power to bring the former.