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Sad how the system will protect her.
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The WSJ reporter who broke the story in 2015, John Carreyrou, has been following the trial via his podcast that goes by the same name as the book he wrote, 'Bad Blood'. It is outstanding - highly recommend both. Also, Tyler Shultz, who is truly a hero in this story, has done his own podcast, 'Thicker Than Water'. I find it all fascinating.
That chick is evil and deserves serious jail time. She didn't just cheat the rich out of their millions, but also destroyed lives.
She fleeced horny old men
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I guess these cases are very complex to explain to a jury. But how do you not convict her for fraud against the patients who relied on her phony blood tests?
Each of the four counts on which she was convicted permits a sentence of up to 20 years, although I'd guess she won't get even five total.
She was convicted of four counts of defrauding investors, with the amount involved exceeding $100 million. So, under the sentencing guidelines she starts at a level 7 and then has to add 26 points. There will be other additions and subtractions, of course, but 26 is a lot.
She should get more than five years. She might get 10, or possibly even a bit more.
One witness testified that she was falsely labeled as HIV positive, another that she was in danger of a miscarriage.
Personally, I think breaking the trust of the patients was much more serious than bamboozling "sophisticated" investors.
People