Elizabeth Holmes is sentenced to more than 11 years for fraud

Re:Elizabeth Holmes is sentenced to more than 11 years for f... by fastball on Friday November 18, 2022 @09:12PM (#33666017)

When she was first convicted in, I actually figured the sentencing guidelines dictated life-in-prison, my math was:

- wire fraud (3 counts): 7

- victims (10+): 2

- damages ($140M): 24 (!!)

- sophisticated means: 2

- leading role: 4

- abuse of public trust: 2

- obstruction of justice: 2

TOTAL: 43

And here's[1] the chart. Even for first time offenders, penalty can be life.

[1] https://supernotes-resources.s3.amazonaws.com/direct-uploads...

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Re:Elizabeth Holmes is sentenced to more than 11 years for f... by Gene_Parmesan on Saturday November 19, 2022 @07:51PM (#33676854)

Criminal sentences for first time offenders very rarely follow the sentencing guidelines, and in some ways you can consider them to be a starting point for negotiation. When I was a prosecutor, fully 90%+ of the ~750 cases I handled in the 18 months I was there were guilty pleas of some sort. Pleading a 2 year case down to probation was a daily occurrence. (Note that I worked at the state level, not federally.) The machine is lubricated for quick settlement.

Mandatory minimums are obviously a different story.

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