Elizabeth Holmes Bought a one-way Ticket to Mexico

Theranos founder Elizabeth Holmes had bought a one-way ticket to Mexico after she was pleaded guilty to fraud. What was her plan?

Image credit: Getty images

Theranos founder Elizabeth Holmes tried to flee the United States shortly after pleading guilty to fraud charges last year, prosecutors have claimed.

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Holmes companion, William Evans, left on that trip and did not return for six weeks, the documents said.

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Holmes was sentenced to 11 years in prison in November 2021 and is currently appealing her sentence.

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Court filings show Holmes booked a one-way flight to Mexico on January 26, 2022.

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Balwani, 57, is scheduled to be sentenced on December 7 after pleading guilty in July to 12 counts of fraud and conspiracy.

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Prosecutors also allege that, based on information Holmes gave to her probation office, Holmes lives on an estate where “monthly expenses exceed $13,000.

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Holmes has since apologised for the "failure" in her business, saying she was "very hurt by what people did, because I failed them".

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In 2003, Holmes founded Real-Time Cures, a company in Palo Alto, California, to "democratize healthcare".

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By December 2004, Holmes had raised $6 million to fund the firm. By the end of 2010, Theranos' venture capital was over $92 million.

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