Theranos founder faces up to 20 years in prison on four counts of defrauding investors after her blood testing firm collapsed.
Former Theranos CEO Elizabeth Holmes was sentenced Friday in U.S. federal court. She faced a maximum of 20 years in prison for fraud.
The prosecution had recommended a sentence of 15 years in prison, while the defence had urged the judge to impose no prison time.
The Theranos founder had been convicted on four felony fraud counts in January for persuading investors that she had developed a revolutionary medical device ...
A California judge sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors. (AP pic).
Holmes was convicted on charges related to defrauding investors who poured hundreds of millions of dollars into her blood-testing company, believing it ...
Elizabeth Holmes was ordered to spend more than 11 years in prison for fraudulently building her blood-testing startup Theranos Inc. into a $9 billion.
Former Theranos CEO Elizabeth Holmes arrives for her sentencing at federal court with her partner Billy Evans in San Jose, California. Holmes was convicted of ...