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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.
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 ...
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 ...
Theranos lab director Adam Rosendorff stands outside of the Robert F. Peckham U.S. Courthouse after speaking on the stand during the Theranos trial, in San Jose, California, U.S., October 6, 2021.
The trial began on August 31, 2021, [75] after being delayed for over a year due to the COVID-19 pandemic and Holmes's pregnancy. [76] At trial, Holmes testified on her own behalf for seven days, claiming among other things that she was misled by her staff about the technology, and that Balwani held sway over her during the romantic ...
Theranos founder Elizabeth Holmes arrives at the Robert F. Peckham Federal Building to attend a federal court hearing in San Jose, California, U.S. May 4, 2021.
The Dropout, based on the ABC Audio podcast of the same name — is a series about the rise and fall of Elizabeth Holmes and her company, Theranos. [3] The show touches on experiences that likely motivated Holmes's deceptions and lies in a linear fashion, starting from her preteens and all the way to her exposure as a fraud.
Jurors in the fraud trial of former Theranos CEO Elizabeth Holmes asked Thursday to replay audio recordings of Holmes boasting to investors about Theranos' progress toward developing a potentially ...