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Holmes, who requested 18 months of house arrest as a punishment, will begin her sentence at Federal Prison Camp Bryan in Texas – an all-female facility 100 miles from Holmes’ hometown.
A judge sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison after she was found guilty of wire fraud and conspiring to commit wire fraud in November 18, 2022, and ...
Elizabeth Anne Holmes (born February 3, 1984) is an American biotechnology entrepreneur who was convicted of fraud in connection with her blood-testing company, Theranos. [2] The company's valuation soared after it claimed to have revolutionized blood testing by developing methods that needed only very small volumes of blood, such as from a ...
Elizabeth Holmes, the founder of shuttered blood testing company Theranos, was sentenced to 135 months, or 11 1/4 years, in prison on Friday for defrauding investors. The sentence falls short of ...
On June 15, 2018, following an investigation by the U.S. Attorney's Office for the Northern District of California in San Francisco that lasted more than two years, a federal grand jury indicted Holmes and former Theranos chief operating officer and president, Ramesh "Sunny" Balwani, on nine counts of wire fraud and two counts of conspiracy to commit wire fraud.
Inmates at the Texas prison where Holmes is expected to report to on Tuesday are placed into work programmes where some earn as little as 12 cents an hour
The 40-year-old founder of biotech company Theranos, was convicted in January 2022 on four counts of fraud and conspiracy, and sentenced to 11 years behind bar
SAN JOSE, Calif. (Reuters) -A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing ...