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Amanda Seyfried says Elizabeth Holmes prison sentence is “fair”
Seyfried portrays the disgraced Theranos leader in the new Hulu show ‘The Dropout”’.
Amanda Seyfried recently appeared on Good Morning America to promote her upcoming TV series ‘The Crowded Room’, where she spoke about her feelings in regard to the sentence given to Elizabeth Holmes.
The actress, 37, portrayed Elizabeth Holmes in the limited TV series ‘The Dropout’ which won her an Emmy Award this year.
The TV series adds light humor to a very startling reality that Elizabeth Holmes has been convicted of. She awaits an 11-year sentence in a Texas woman’s prison for her fraudulent business.
Fair for her
“There’s two kids that are hanging in the balance here. As a parent — just as a mom,” Seyfried said before trailing off. “Life’s not fair, but in a lot of ways it’s fair. It’s fair for her, in particular.”
How did Elizabeth Holmes end up in prison?
Holmes, who went on trial two months before fellow Theranos leader Ramesh “Sunny” Balwani, was found guilty on four counts of wire fraud and conspiracy.
Holmes was tried for falsely claiming that the company’s blood tests could rapidly scan for and detect a variety of conditions, including diseases, using only a few drops of blood.
She and Balwani will have to pay $452 million in restitution to the investors who were defrauded.
During its run, which began in 2003, and at one point saw Holmes valued at nearly $4.5 billion, the company raised nearly $1 billion from investors and had amassed a board of directors featuring presidential cabinet members like Henry Kissinger, James Mattis, and George Shultz.
Later, The Wall Street Journal published an investigation into Theranos in 2015, questioning if the technology really worked. Everything came crashing down soon after, which ultimately led to Holmes’ conviction.