Theranos founder Elizabeth Holmes turns herself in for 11-year prison term

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Added 11 months ago by XaniaNews

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The Theranos founder Elizabeth Holmes turned herself in for an 11-year prison sentence, marking a final chapter in a years-long fraud saga that riveted Silicon Valley.
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The 39-year-old tech founder entered the minimum-security federal women’s prison camp located in Bryan, Texas, on Tuesday afternoon. Holmes had been out on bail since she was indicted on fraud charges in 2018 over her role as the head of the failed blood-testing firm. She was convicted in November 2022 on four counts of defrauding investors and sentenced to 11 years and three months in prison.

Theranos founder Elizabeth Holmes turns herself in for 11-year prison term: https://www.theguardian.com/technology/2023/may/30/theranos-elizabeth-holmes-prison-sentence-start

Court rules Theranos founder Elizabeth Holmes must go to prison while she appeals against sentence: https://www.theguardian.com/technology/2023/may/17/court-rules-theranos-founder-elizabeth-holmes-must-go-to-prison-while-she-appeals-sentence.

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#Tech #Technology #Theranos #ElizabethHolmes #News #US

Category: News and politics
Tags: blood-testing, blood-testing firm prison, bryan

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