Elizabeth Holmes and Ramesh “Sunny” Balwani’s appeal to overturn their fraud convictions and reduce their prison sentences was denied Monday by the

Elizabeth Holmes, the disgraced founder of Theranos and partner of San Diego-based Evans Hotels’ heir William “Billy” Evans, will remain in prison after losing a bid Monday to overturn her fraud conviction.

A federal court rejected Elizabeth Holmes’ last-ditch appeal as the disgraced Theranos founder attempted to overturn her fraud conviction.