Theranos founder Elizabeth Holmes’ prosecutor says fraudster’s case offers warning to Silicon Valley leaders
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The prosecutor behind Elizabeth Holmes’ guilty verdict said the entrepreneur’s fall from Silicon Valley’s cover girl to a felon serves as a cautionary tale. 

Former federal prosecutor John Bostic played a pivotal role in putting Holmes behind bars and is cautioning other entrepreneurs against following the lead of the Theranos founder’s disgraced career. 

“The economy benefits from an active ecosystem of tech startups and investors,” Bostic, who now works as a partner at the global law firm Cooley, told Fox News Digital. 

“Investors need to approach even the most hyped investments with a dose of skepticism, and founders need to be vigilant in painting an accurate picture of their companies. That goes double in highly regulated industries like life sciences.”

Elizabeth Holmes arrives at prison in Texas

Elizabeth Holmes, founder of Theranos Inc., arrives at Federal Prison Camp Bryan in Bryan, Texas, May 30, 2023. (Sergio Flores/Bloomberg via Getty Images)

While in prison, the mother of two is permitted to visit with her partner, Billy Evans, and their two children, Holmes said. She gave birth to her oldest child shortly before her trial began and delivered her second child three months before her prison sentence began. 

“I always wanted to be a mother,” Holmes told People. “I truly did not think I would ever be convicted or found guilty.” 

Holmes is being held at Federal Prison Camp Byran in Bryan, Texas, and is scheduled to be released March 19, 2032. Upon release, she hopes to continue working in the healthcare and technology industries. 

“It kills me to put my family through pain the way I do,” Holmes said. “But when I look back on my life, and these angels that have come into it, I can get through anything. It makes me want to fight for all of it.”

Mollie Markowitz and The Associated Press contributed to this report.

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