Elizabeth Holmes just gave her first interview from prison. She's scheduled to be released in Spring, 2032 and was ordered to pay $452 million in restitution. Not surprisingly, she does not find it an uplifting experience.
I once sponsored Andrew Fastow (architect of the Enron fraud) to speak before an audience of CPAs, lawyers and bankers. At the time, I thought Fastow was the most unrepentant "repentant" person I'd ever met -- and I'd met Barry Minkow, in between his jail terms for the ZZZZ Best fraud and his jail term for religious fraud.
Based upon Ms. Holmes's interview, I will have to reevaluate that assessment.
CEO fraudster Elizabeth Holmes says lockup is 'hell' in first prison interview
I once sponsored Andrew Fastow (architect of the Enron fraud) to speak before an audience of CPAs, lawyers and bankers. At the time, I thought Fastow was the most unrepentant "repentant" person I'd ever met -- and I'd met Barry Minkow, in between his jail terms for the ZZZZ Best fraud and his jail term for religious fraud.
Based upon Ms. Holmes's interview, I will have to reevaluate that assessment.
CEO fraudster Elizabeth Holmes says lockup is 'hell' in first prison interview
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