Jacob Frenkel Interviewed by Yahoo Finance on Elizabeth Holmes Conviction

Jacob Frenkel was interviewed by Yahoo! Finance for the segment, "Elizabeth Holmes conviction was 'best possible verdict for the government': Expert." In the live interview, Jacob discusses the Elizabeth Holmes conviction for wire fraud and whether the verdict will be a catalyst for more aggressive white-collar enforcement. Jacob opined that winning a conviction on the wire fraud counts was the optimal verdict for prosecutors and could result in the longest possible sentence. Jacob opined that wire fraud counts convictions for defrauding investors was the optimal verdict for prosecutors and could result in the longest possible sentence. Jacob also addressed the program importance to the Government associated with a fraud conviction involving false and misleading representations to investors when a company is not publicly traded. To watch the interview, click here.