Elizabeth Holmes Sentenced to 11 Years

Elizabeth Holmes Sentenced to 11 Years

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Elizabeth Holmes has been sentenced to 135 months for fraud, which is just over 11 years. This sentence is at the lower end of the 11 to 14 years range suggested by the judge, despite prosecutors asking for 15 years and the defense requesting 18 months or home confinement. The sentencing is seen as a signal to other CEOs and venture capitalists, especially in light of recent financial scandals like those involving SBF and FTX. However, history suggests that new financial mistakes will continue to occur.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long was Elizabeth Holmes sentenced to prison for fraud?

135 months

15 years

14 years

18 months

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the range of years suggested by the judge for Holmes' sentencing?

11 to 14 years

10 to 12 years

12 to 15 years

13 to 16 years

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What personal circumstances of Holmes were highlighted in the discussion of her sentencing?

She is a former CEO with one child and another on the way

She is a former CEO with two children

She is a former CEO with no children

She is a former CEO with three children

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What message does Holmes' sentencing potentially send to other CEOs and venture capitalists?

That hefty sentences can be expected for financial fraud

That financial fraud is only punished with fines

That financial fraud is not a serious crime

That financial fraud is often overlooked

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent financial scandal is mentioned as a parallel to the Holmes case?

The Enron scandal

The Lehman Brothers collapse

The FTX scandal

The Bernie Madoff Ponzi scheme