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8 mentions found


☆ Sam Bankman-Fried's parents are begging a judge to keep him out of prison, warning their son's social awkwardness could put him in 'extreme danger'
  + stars: | 2024-02-28 | by ( Jacob Shamsian | ) www.businessinsider.com   time to read: +12 min
Bankman-Fried's lawyers filed a sentencing submission, asking for a prison sentence of no longer than 78 months — or six-and-a-half-years. The US Probation Office, which issues sentencing reports that judges typically rely on, recommended 100 years behind bars — which Bankman-Fried's lawyers called "barbaric." Advertisement"That recommendation is grotesque," Bankman-Fried's lawyers wrote. Sam Bankman-Fried's approach to veganism illustrated both his selflessness and awkwardness, his younger brother, Gabriel Bankman-Fried, wrote in a letter to the judge. In the sentencing submission, Bankman-Fried's lawyers argue that "the most reasonable estimate" for how much his victims lost was "zero."
Persons: —, Sam Bankman, Barbara Fried, Joseph Bankman, Gabriel Bankman, neurodiversity, Sam, Bankman, Lewis Kaplan, Fried, Jane Rosenberg, FTX, Michael M Santiago, Carmine Simpson, Simpson, That's, Gabriel, Seth Wenig, Marc Mukasey, Torrey Young, weren't, Barbara Fried —, John J, Ray III, John Ray Organizations: Service, Business, US, Prosecutors, Alameda Research, Office, Stanford Law, MIT, Wall, of Prisons, San, United, AP Locations: Manhattan, FTX, Brooklyn, Bahamas
☆ Texas woman who threatened judge overseeing Trump’s Mar-a-Lago case sentenced to three years in prison
  + stars: | 2024-02-10 | by ( Josh Campbell | Rebekah Riess | ) edition.cnn.com   time to read: +3 min
In the voicemails, Tiffani Shea Gish threatened to have US District Judge Aileen Cannon assassinated in front of her family for “helping” the former president, as CNN previously reported. Cannon handled the former president’s request for a special master to review documents and other items the FBI seized from Mar-a-Lago. Following her prison sentence, US District Judge David Hittner ordered Gish to serve three years of supervised release, the sentencing order reads. Federal officials have seen a dramatic increase in threats since the search at Mar-a-Lago in 2022. In another instance, a Texas woman was charged in August with threatening in a voicemail to kill the federal judge overseeing Trump’s criminal case in Washington, DC, over his attempts to overturn the 2020 election.
Persons: Donald Trump’s, Tiffani Shea Gish, Aileen Cannon, Cannon, “ Donald Trump, You’re, ” Gish, Gish, David Hittner, Hittner, Tiffani Gish, Alamdar, Hamdani, General Merrick Garland, Abigail Jo Shry, Tanya Chutkan, Trump ”, Chutkan Organizations: CNN, Houston, Office, Southern, Southern District of, of Prisons, US, Mar Locations: Florida, Southern District, Southern District of Florida, Mar, Houston, Lago, Texas, Washington , DC
☆ Elizabeth Holmes' ex-partner Sunny Balwani has already had 2 years taken off his prison sentence
  + stars: | 2023-06-06 | by ( Jennifer Cunningham | ) www.businessinsider.com   time to read: +2 min
Former Theranos exec Ramesh "Sunny" Balwani has had around two years shaved off of his federal prison sentence. He reported to prison in April for a nearly 13-year sentence, but his new release date is in 2034. Ramesh "Sunny" Balwani, Elizabeth Holmes' ex-boyfriend and the number 2 in charge at failed blood testing startup Theranos, has had some time shaved off of his nearly 13-year sentence for fraud and conspiracy, Insider has learned. But federal prison officials have reduced Balwani's sentence. In April, Balwani reported to prison at Terminal Island FCI, a minimum security federal facility just outside of Los Angeles.
Persons: Ramesh, Sunny, Balwani, Elizabeth Holmes, Theranos, Holmes, Rupert Murdoch, Insider's Sarah Jackson, Stephen Cazares Organizations: US Bureau of Prisons Locations: Los Angeles
☆ Three women escaped in 2017 from the prison where Elizabeth Holmes is being held — one is still on the run
  + stars: | 2023-06-01 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +2 min
In 2017, three women escaped from the prison Elizabeth Holmes is being held in. One of them is still on the run, CBS reported, citing prison authorities. Holmes reported to the same Texas prison on Tuesday to begin an 11-year sentence. Holmes reported to the same prison on Tuesday to begin an 11-year sentence. Inmates working on a factory line earn a wage of at least $0.12 an hour.
Persons: Elizabeth Holmes, Holmes, —, Bryan, Edith Lara, Ysenia Frausto, Brenda Rosas —, Frausto, Rosas, Lara, hasn't Organizations: CBS, Service, Prison, Bureau of Prisons, US Bureau of Prisons Locations: Texas, Bryan
☆ The QAnon Shaman's new roommates after he got out of jail had no idea who he was, report says
  + stars: | 2023-04-03 | by ( Sophia Ankel | ) www.businessinsider.com   time to read: +3 min
Jacob Chansley, a January 6 rioter known as the "QAnon Shaman," has been released from prison early. Chansley is carrying out the rest of his prison sentence in a halfway house in Arizona. His new roommates told The New York Post on Sunday they had no idea who he was. A prison spokesperson told Insider's Natalie Musumeci that he was transferred from Arizona's Federal Correctional Institution Safford to "community confinement" overseen by the Federal Bureau of Prisons' Phoenix Residential Reentry Management Office last week. Chansley's projected release date from any kind of federal custody is May 25, the spokesperson added.
☆ Convicted fraudster Elizabeth Holmes welcomes second child and she's pushing to delay prison
  + stars: | 2023-02-26 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +2 min
Holmes was sentenced to over 11 years in prison while pregnant with second child in November. In a court filing this week, her legal team said Holmes has "two young children," according to Mercury News. Holmes is seeking to extend her freedom past the day she's due to prison in April. Holmes gave birth to her first child in July 2021 while awaiting trial for her charges. The company's valuation shot up to $9 billion before Holmes and fellow Theranos executives were charged with fraud in 2018.
☆ 'Pharma Bro' Martin Shkreli advises Sam Bankman-Fried on potential prison time, saying he should prepare by listening to rap music and shaving his head
  + stars: | 2022-12-27 | by ( Sophia Ankel | ) www.businessinsider.com   time to read: +3 min
Disgraced FTX co-founder Sam Bankman-Fried was arrested and faces eight criminal charges. Martin Shkreli, released from prison in May, advised him on preparing for potential prison time. He told the podcast "Unchained" that Bankman-Fried should shave his head and listen to rap music. Bankman-Fried's charges include wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering. In 2017, he was found guilty of securities fraud and was sentenced to seven years in prison.
☆ Judge proposes Theranos CEO Elizabeth Holmes serve her 11-year sentence in a 'minimum-security' Texas prison camp
  + stars: | 2022-11-23 | by ( Marielle Descalsota | ) www.businessinsider.com   time to read: +2 min
A district judge proposed for Holmes to be sent to a prison camp at Bryan, Texas, court records show. Holmes was sentenced to 135 months in prison on November 18. District Judge Edward Davila recommended for Holmes to be designated to the Federal Prison Camp at Bryan, Texas, according to a November 21 filing. The Federal Prison Camp in Bryan is a minimum-security prison that houses female inmates. Holmes was sentenced to 135 months, or 11 years and 3 months, in prison on November 18.
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