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Theranos founder Elizabeth Holmes’ prosecutor says fraudster’s case offers warning to Silicon Valley leaders

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Theranos founder Elizabeth Holmes’ prosecutor says fraudster’s case offers warning to Silicon Valley leaders

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.”

CONVICTED CEO FRAUDSTER ELIZABETH HOLMES SAYS LIFE IN LOCKUP IS ‘HELL’ IN FIRST PRISON INTERVIEW 

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

Holmes swindled investors out of hundreds of millions of dollars by falsely claiming her company had invented a device that could run complex medical tests with just a single drop of blood.

In November 2022, Holmes was sentenced to 11 years in prison after being convicted of fraud and conspiracy and was ordered to pay $452 million in restitution to her victims. 

“There are things I would have done differently,” Holmes, 41, said in an interview with People. “I refused to plead guilty to crimes I did not commit. Theranos failed. But failure is not fraud.”

INMATES HOPE TO BEFRIEND THERANOS FOUNDER ELIZABETH HOLMES AHEAD OF HER ARRIVAL AT TEXAS PRISON

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Despite her conviction, Holmes maintains she is innocent and was not influenced by greed, which Bostic said is irrelevant in the eyes of the law. 

“A fraud case almost always comes down to a defendant’s intent,” Bostic said. “Even if the evidence shows that a defendant said something untrue, the prosecution’s job is only half done. They still need to prove that the defendant actually intended to deceive and cheat someone.”

Theranos founder Elizabeth Holmes arrives at a federal courthouse accompanied by partner Billy Evans, in San Jose, Calif., March 17, 2023. (Reuters/Carlos Barria)

Holmes’ trial revealed that while Theranos was not a sham, her claims were. 

“The jury heard from multiple investors who gave similar accounts of how the false things they heard from Holmes persuaded them to invest,” Bostic told Fox News Digital. “And, critically, former employees testified about the true situation at Theranos and what Holmes knew.”

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Earlier this year, a federal appeals court upheld Holmes’s conviction, dashing her hopes of being released from prison. Holmes and former business partner Ramesh “Sunny” Balwani claimed legal errors were made during their trials after the court allowed some witness testimony but denied others. 

ELIZABETH HOLMES LOSES BID TO REMAIN OUT OF PRISON DURING APPEAL

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.” 

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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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Nancy Guthrie neighbors’ Ring camera captures vehicles on possible route from crime scene

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Nancy Guthrie neighbors’ Ring camera captures vehicles on possible route from crime scene

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EXCLUSIVE: TUCSON, Ariz. — A resident in the Catalina Foothills neighborhood has a street-facing Ring camera that caught 12 cars passing by on the morning of Nancy Guthrie’s suspected abduction.

The recordings took place between midnight and 6 a.m. on Feb. 1, and some of the activity occurred near the 2:30 a.m. mark, which is around the time authorities said the 84-year-old Guthrie’s pacemaker device last synced with her iPhone.

The homeowners, Elias and Danielle Stratigouleas, told Fox News Digital that police had not canvassed their neighborhood in the 25 days since Guthrie is believed to have been taken from her bed in a home invasion kidnapping. The FBI and Pima County Sheriff’s Department have been alerted to the video. It was not immediately clear whether the video is of any use to the investigation or whether the vehicle had ever been on Guthrie’s street.

Guthrie is the mother of “Today” co-host Savannah Guthrie, a Tucson native.

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Left: A still image from Ring camera video shows a vehicle passing a home near Nancy Guthrie’s on Feb. 1, the morning she is believed to have been abducted. Right: Nancy in an undated family photo. (Courtesy of Elias and Danielle Stratigouleas, Courtesy of NBC)

The Stratigouleas house is on a back road that leads out of Guthrie’s neighborhood, avoiding major intersections. And they live about 2.5 miles away from the crime scene, which is outside the 2-mile radius of neighbors who received a Ring alert asking for video taken from Jan. 1 to Feb. 2.

Their house is roughly a seven-minute drive from Guthrie’s address, according to Google Maps. One of their videos was recorded at around 2:36 a.m. on Feb. 1, which is roughly eight minutes after Guthrie’s pacemaker last synced with her iPhone, according to the sheriff’s timeline.

WATCH: Ring video shows vehicles on outskirts of Nancy Guthrie’s neighborhood morning of abduction

Danielle Stratigouleas said the number of cars passing that night was not unusual, but she and a friend found it “odd” that no one from law enforcement had visited her neighborhood.

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NANCY GUTHRIE SUSPECT’S DIGITAL ‘BLACKOUT’ MAY BE KEY TO CASE, SAYS EXPERT WHO PROBED KOHBERGER PHONE

A map details the neighborhood surrounding Nancy Guthrie’s home on Camino Escalante in Tucson, Arizona, and a secondary route through the Catalina Foothills down Camino Real leading to East River Road. (Fox News)

A Ring camera image taken from video shows a vehicle driving south on Camino Real at 2:36 a.m. on Feb. 1, the morning Nancy Guthrie is believed to have been abducted from a home nearby in the Catalina Foothills of Tucson, Arizona. (Courtesy of Elias and Danielle Stratigouleas)

The FBI and Pima County Sheriff’s Department have been alerted to the video. It was not immediately clear whether it is of any use to the investigation. 

Retired NYPD detective and national security expert Pat Brosnan reviewed the video with his team. He tells Fox News Digital they believe the vehicle seen at 2:36 a.m. is a Kia Soul, based on its slanted roof, window design and rear-quarter glass. He also noted the vertical brake lights.

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The rewards are still outstanding, and anyone with information they think may be relevant is asked to contact the FBI at 1-800-CALL-FBI.

The route itself had been flagged to Fox News Digital by another neighbor — who said she also saw a suspicious man walking in the area on Feb. 2, around the corner from what appeared to be an abandoned car. The young mother asked not to be named due to concerns for her children’s safety amid the unsolved kidnapping investigation.

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WATCH: Path out of Nancy Guthrie’s neighborhood avoids major intersections

She described him as about 5 feet, 9 inches tall, Hispanic, with a close-trimmed beard and wearing a silver bracelet. He was smoking a cigarette near the intersection of Camino Juan Paisano and Piedra Seca, which is between Camino Real and Guthrie’s home.

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The Pima County Sheriff’s Department did not return multiple phone calls and emails about the man or the vehicle, a dark red Honda SUV that the neighbor said was moved after three days.

A neighbor of Nancy Guthrie’s spotted this dark red Honda near Camino Real on Feb. 2, the day after Nancy Guthrie’s suspected abduction nearby. She told Fox News Digital that it remained in place for a couple of days after deputies examined it. (Obtained by Fox News Digital)

A neighbor of Nancy Guthrie’s spotted this dark red Honda near Camino Real on Feb. 2, the day after Nancy Guthrie’s suspected abduction nearby. She told Fox News Digital it remained in place for about three days before it was moved. (Obtained by Fox News Digital)

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Another unidentified man was spotted in mid-January, according to neighbor Aldine Meister.

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“He didn’t have your typical walking gear on, and he had his hat pulled really far over his eyes,” she told Fox News Digital.

She said she saw the man walking in the neighborhood, near an intersection leading to Guthrie’s home — and hadn’t encountered him before or after. 

Deputies examine a flyer taped to Nancy Guthrie’s mailbox on Sunday, Feb. 22, 2026.  (Michael Ruiz/Fox News Digital)

“He was kind of younger, and he just didn’t look like he was going out for a walk,” she added. 

She mentioned it to her husband but did not report it to investigators until after Guthrie’s disappearance.

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FBI agents canvass homes near Nancy Guthrie’s home in Tucson, Friday, Feb. 6, 2026.  (Kat Ramirez for Fox News Digital)

Danielle Stratigouleas told Fox News Digital that she did see deputies searching what locals call a wash, a common terrain feature in the region, near her office, which is on Skyline Drive, another main road that borders Guthrie’s development. 

North Campbell, which was extensively searched by authorities and volunteers, connects to both main arteries. Camino Real connects only to East River Road.

“I think it sounds smart, and if they even sort of knew the area or actually cased the area beforehand, that road behind Camino Real called Camino Escuela would be an even better idea,” she told Fox News Digital. “There’s never anybody on it, and never a police car to be seen.”

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Fox News Digital approached five other homes with street-facing cameras on Camino Real. Three of the homeowners said they had not been visited by law enforcement, either. No one answered the door at the other two.

None said they had any notable video from Feb. 1.

Campbell also runs past the University of Arizona and is a much busier road, she said.

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An undated photo of Nancy Guthrie and Savannah Guthrie was provided by NBC in response to the disappearance of the 84-year-old. (Courtesy of NBC)

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“It’s always buzzing even on a Saturday night,” she added. “Camino La Brinca and Camino Piedra Seca also lead to Camino Real, and they’re a good way to get from Camino Zorella.”

The residents said they’re hoping more people outside the radius will check their cameras and submit anything that could help the FBI.

Guthrie is believed to have been forcibly abducted from her home on North Camino Escalante, according to the Pima County Sheriff’s Department.

In more than three weeks, police have not publicly identified any suspects, persons of interest or vehicles connected to the case. They briefly detained but later released several people and have towed multiple vehicles, including those belonging to family members and the detainees.

No one has been charged with a crime as of Thursday morning, however.

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Exterior view of the front entrance of Nancy Guthrie’s home in Tucson, Arizona, Tuesday, February 3, 2026. (Derek Shook for Fox News Digital)

The FBI and Google teamed up to recover doorbell camera footage even though her Nest device is physically unaccounted for, and she did not have a cloud subscription. 

FBI Director Kash Patel released still images and video on Feb. 10.

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The video shows a masked individual with gloves on, prowling on her front porch. 

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These two images were released by the FBI, recovered from Nancy Guthrie’s Nest doorbell camera. It’s unclear whether they show the same person. (FBI)

According to two sources with knowledge of the investigation, one of the doorbell images was taken on a different date than the others. It shows an individual who may be the same masked intruder at Guthrie’s doorstep, without an Ozark Trail backpack or holstered pistol.

Pima County Sheriff Chris Nanos has called the timeline surrounding the images speculation. 

Savannah Guthrie is asking anyone with information in the case to dial 1-800-CALL-FBI or contact her directly.

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Travis County DA faces renewed ‘soft on crime’ criticism after career criminal charged with murder

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Travis County DA faces renewed ‘soft on crime’ criticism after career criminal charged with murder

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A Texas-based career criminal with a lengthy rap sheet is behind bars in Travis County after he was charged with murdering a father of five outside a 7-Eleven in Austin, reviving scrutiny of Travis County District Attorney José Garza and what critics call his controversial prosecutorial record and “soft on crime” approach.

Caleb Anthony Jenkins, described by police as a career criminal, was charged with murder in connection with a shooting last year that left a 25-year-old father dead outside a 7-Eleven. According to Austin police, Jenkins allegedly shot the victim and drove off.

But critics argue the killing may have been preventable. Garza’s office previously dismissed or declined to prosecute three separate gun charges against Jenkins in incidents dating back to 2022. He was also arrested in 2023 on a domestic violence charge and failed to appear in court, as Fox News reported. Most recently, he was re-arrested and released after his bond was raised.

Taken together, the developments have intensified public criticism of Garza, the Democratic district attorney backed by liberal mega-donor George Soros,

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District Attorney Jose Garza in Austin, Texas. (Spencer Selvidge for The Washington Post via Getty Images)

Garza, who was elected Travis County DA without prior experience as a prosecutor, has faced criticism from police advocacy groups and victims’ families since taking office. They have accused him of deliberately slow-walking certain cases and embracing lenient sentencing policies.

The criticism has sparked national attention in years past. In 2023, the family of 25-year-old Doug Cantor, who was shot and killed in the 2021 Sixth Street mass shooting in downtown Austin, criticized Garza for slow-walking the trial of the gunman.

Family members told Fox News Digital in an interview at the time that they believed Garza had put the case on the “back burner.”

“It’s very clear that his focus and attention is not on this case,” Nick Kantor told Fox News Digital in an interview reflecting on the two-year anniversary of his brother’s death — and the way Garza, who has been widely criticized for soft-on-crime policies, has handled the case.

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AUSTIN DA GARZA CREATES CONFUSION WITH ANNOUNCEMENT OF IMPENDING INDICTMENTS AGAINST MULTIPLE POLICE OFFICERS

Travis County District Attorney Jose Garza poses in front of the Austin skyline in a portrait from the county website. Garza has faced criticism for accusations that he aggressively prosecutes police officers accused of wrongdoing while going easy on career criminals. (Travis County DA Website)

“He’s doing things that are clearly causing distress on the trial and on the overall outcome of the case and for getting justice for my brother,” Kantor said. 

Other victims’ families cited similar behavior from Garza’s office in interviews with Fox News Digital. 

While overall reported crime in Travis County has declined, opponents argue dismissal rates have been “political,” and could further endanger public safety.

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It “appears that Garza has now become more of an advocate for the criminal than he has for the victim,” Dennis Farris, president of the Austin Police Retired Officer’s Association, previously told Fox News Digital.

“The prosecution is acting more like defense attorneys than they are prosecutors,” Farris said in an interview roughly one year after Garza took office. “Whatever his skewed view of what criminal justice reform is, it isn’t working. It sure isn’t working for the victims.” 

CRIME EXPERTS RESPOND TO SOROS DEFENDING SUPPORT FOR PROGRESSIVE DAS AMID CRIME WAVE: ‘DISASTROUS’

George Soros delivers a speech at the 2022 World Economic Forum in Davos. (Fabrice Coffrini/AFP via Getty Images)

“It used to be that they got the victims’ buy-in before offering plea bargains. Now it doesn’t appear he’s even doing that, because they’re not even communicating with them, and that’s what’s leading to the revictimization of these families.” 

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Current and former local law enforcement officers have criticized Garza’s actions and his alleged “war on cops,” after the Soros-backed district attorney campaigned on indicting police officers and “reimagining” policing in Austin.

Soros contributed $652,000 to the Texas Justice & Public Safety PAC in the months leading up to the 2020 Travis County DA election, according to campaign finance records.

That same PAC spent almost $1 million on digital and mail advertisements to help Garza’s campaign, as Fox News reported.

The Travis County District Attorney’s Office did not respond to Fox News Digital’s request for comment.

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Jasmine Crockett campaign reportedly kicked Atlantic writer out of rally for being a ‘top-notch hater’

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Jasmine Crockett campaign reportedly kicked Atlantic writer out of rally for being a ‘top-notch hater’

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Atlantic staff writer Elaine Godfrey reported that she was “thrown out” of a rally for Rep. Jasmine Crockett, D-Texas, for being a “top-notch hater” according to Crockett’s team.

“Right before armed guards escorted me from the rally and left me on the edge of a Texas-county road, I was informed that I was no longer welcome at an event that I had already attended,” Godfrey wrote on Thursday.

She described having spent an hour at the Lubbock rally for Crockett’s Senate campaign before being approached by a woman with a badge as soon as she joined other reporters.

Elaine Godfrey claimed Rep. Jasmine Crockett’s team removed her from a rally in Texas earlier this week. (Dustin Franz/Bloomberg via Getty Images)

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“‘Are you Elaine?’ she asked. I recognized her from the entrance of the event, where I had identified myself as she’d waved me into the building’s press area. Yes, I answered. ‘Her team has asked you to leave,’ she said. When I asked why, the staffer looked at her phone and read dutifully: ‘They just said, “Elaine from Atlantic, White girl with a hat and notepad. She’s interviewing people in the crowd. She’s a top-notch hater and will spin. She needs to leave,”’” Godfrey wrote.

Godfrey was the staff writer behind a profile piece for Crockett in July that reportedly received backlash from the Texas representative after including comments from fellow House Democrats “without telling her first.”

“She was, she told me, ‘shutting down the profile and revoking all permissions,’” Godfrey wrote at the time.

BOEBERT JOKES ABOUT ENDORSING CROCKETT IN TEXAS’ SENATE RACE TO GIVE HER DEMOCRATIC RIVAL A BOOST

Rep. Jasmine Crockett, D-Texas, is running in the Democratic primary for U.S. Senate. (LM Otero/AP Photo)

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The piece was still published and included comments from other Democratic figures.

According to Godfrey, Crockett said that there was “no evidence” that a reporter was removed from her rally but claimed that there was a “specific journalist” who has a “history of being less than truthful” and had previously lost a lawsuit against Crockett.

“Perhaps she was thinking of someone else, because that’s not something that has ever happened to me,” Godfrey wrote.

CROCKETT DISPUTES OPPONENT’S DENIAL OF ‘MEDIOCRE BLACK MAN’ COMMENT, CALLS OUT ‘WELL-INTENTIONED WHITE FOLK’

Godfrey added that her removal from the rally wasn’t a surprise considering Crockett’s firebrand-style of politics, though she expressed concern over how she was handled.

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Rep. Jasmine Crockett allegedly tried to shut down an article from Elaine Godfrey after she spoke to other House Democrats. (Bob Daemmrich/The Texas Tribune/Bloomberg via Getty Images)

“As security guards began to materialize around me, I wondered to myself what distinguished a top-notch hater from a middling one. I agreed to leave, and four guards, including at least one who was armed, escorted me out of the building, through the parking lot, and right to the edge of the nearby highway, where they waited as I ordered a car,” Godfrey wrote.

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Fox News Digital reached out to Crockett’s office and campaign for comment.

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