NEW YORK — A federal judge has denied an effort by disgraced Theranos founder Elizabeth Holmes to delay the start of her prison sentence, set to begin later this month, while she awaits an appeal ruling.
Holmes does not pose a flight risk but she failed to raise a"'substantial question of law or fact' that is 'likely to result in a reversal or an order for a new trial on all counts,'" Edward Davila, the district court judge who presided over her trial, wrote in the decision.
In November, Holmes was sentenced to 135 months, or 11 1/4 years, in prison. The sentence falls short of the maximum possible punishment for Holmes, who faced as many as 20 years in prison.
Holmes, 38, was convicted last January on four counts of investor fraud and conspiracy while at the helm of Theranos. Ultimately, her downfall began in 2015 amid investigations from journalists and regulators over the medical company's faulty product, which claimed to provide accurate information from tests using just a few drops of blood.
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