Elizabeth Holmes

Theranos founder Elizabeth Holmes was sentenced Friday to more than 11 years in prison for fraud after deceiving investors about the purported efficacy of her companys blood. Former Theranos CEO Elizabeth Holmes awaits sentencing Friday 10 months after a jury found her guilty of defrauding investors in the failed blood-testing company.

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Elizabeth Holmes faces up to 20 years in prison but she and her lawyers argue she deserves just 18 months of house arrest in an 82-page sentencing memorandum.

. Elizabeth Holmes with her parents during last years trial. In 2014 Elizabeth Holmes then 30 years old was on top of the world. A Stanford University drop-out she had founded a company valued at 9bn 65bn for supposedly bringing about a.

Elizabeth Holmes seemed to have everything going for her at the age of 30 she had become the the worlds youngest self-made female billionaire according to Forbes with a net. On January 3 2022 Elizabeth Holmes was found guilty of three counts of wire fraud and one count of conspiracy to commit wire fraud by misleading investors. Elizabeth Holmes Sentenced to More Than 11 Years in Prison.

Elizabeth Holmes the former CEO and founder of failed blood testing startup Theranos was found guilty on four charges of defrauding investors capping off the stunning. In 2014 Elizabeth Holmes then 30 years old was on top of the world. Elizabeth Holmes and her legal defense team are asking for an 18-month period of house arrest as opposed to the maximum.

Her story has been the subject of numerous podcast books an HBO documentary. A jury found Holmes. A Stanford University drop-out she had founded a company valued at 9bn 65bn for supposedly.

Elizabeth Holmes the founder of Theranos will be sentenced this week to up to 20 years in prison for her role in the blood testing company that tumbled from the heights of. Getty Images At the end of the 75-minute hearing US District Judge Edward Davila did not rule on whether Holmes will. The founder of the disgraced blood-testing company.

Jim WilsonThe New York Times. Elizabeth Holmes meteoric rise and calamitous fall has captivated Silicon Valley and beyond. Elizabeth Holmes the founder of the failed blood-testing start-up Theranos was sentenced to more than 11 years in prison on.

Nov 18 2022 at 1039 pm ET. CNN Business. Elizabeth Holmes was sentenced to more than 11 years in prison on Friday following her conviction in January for defrauding investors while running the failed blood testing startup.

Elizabeth Holmes in federal court on Oct. Federal prosecutors are asking a judge to sentence Elizabeth Holmes to 15 years in prison and require the Theranos founder to pay 800m in restitution according to court. Elizabeth Holmes the founder of failed blood testing startup Theranos who was convicted of fraud earlier this year may not be sentenced until next year.

Fifteen years ago Elizabeth Holmes was on her way up having already raised millions o dollars for Theranos the medical device company that she had founded in 2003.

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