Elizabeth Holmes Is Sentenced to More Than 11 Years for Theranos Fraud
15 days ago - By New York Times
Ms. Holmes was convicted in January of four counts of wire fraud for deceiving investors with claims about her blood testing start-up Theranos.
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Holmes gets more than 11 years in prison for Theranos scam
15 days ago - By STAT
A federal judge on Friday sentenced disgraced Theranos CEO Elizabeth Holmes to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley's culture of audacious self-promotion.
The sentence imposed by U.S. District Judge Edward Davila was shorter than the 15-year penalty requested by federal prosecutors but far tougher than the leniency her legal team sought for the mother of a year-old son with another child on the way.
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