Tag Archives: Elizabeth Holmes

Theranos Scamster Elizabeth Holmes Gets 11 Years

Axios reports: Elizabeth Holmes on Friday was sentenced by a California judge to 11 years and three months in prison for defrauding investors in her failed blood-testing company, Theranos. This is the end of a years-long saga that saw the celebrated startup founder become a cautionary tale of Silicon Valley’s “fake it ’til you make it” culture. Holmes in January …

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Ex-Biotech CEO Guilty On Four Wire Fraud Counts

The Associated Press reports: A federal jury found Theranos founder Elizabeth Holmes guilty on four counts of wire fraud charges, delivering a verdict on the long-running controversy over her role in the now defunct blood-testing technology startup. The jury found her not guilty on three counts and deadlocked on three counts. The jury of eight men and four women returned …

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