Elizabeth Anne Holmes (born February 3, 1984) is an American former biotechnology entrepreneur and convicted fraudster. In 2003, Holmes founded and was the chief executive officer (CEO) of Theranos, a now-defunct health technology company that soared in valuation after the company claimed to have revolutionized blood testing by developing methods that could use surprisingly small volumes of. 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 (£6.5bn) for supposedly bringing about a revolution.
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 company's blood-testing technology. During the trial Holmes accused her ex-boyfriend and business partner, Ramesh "Sunny" Balwani, of emotional and sexual abuse at the time of the alleged crimes, impairing her mental state. Balwani, 56, who faced the same fraud charges, was convicted in July and is due to be sentenced next month. He had called the claims "outrageous".
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. The sentencing hearing in San.
Elizabeth Holmes, the founder and CEO of failed blood-testing company Theranos, has been sentenced to 11 years and 3 months in federal prison for her role in committing a years-long fraud that saw.
Share to Linkedin. Elizabeth Holmes, the founder of Theranos, has been sentenced to at least 11 years in prison for lying to investors about her blood testing start-up—once valued at $9 billion.
Elizabeth Holmes, founder of Theranos Inc., arrives at federal court in San Jose, California, U.S., on Tuesday, Dec. 7, 2021. Confronted with tough questions on the witness stand last week, as she.
The founder of the disgraced blood-testing company was ordered to surrender in April and has 14 days to appeal her conviction.
Theranos merchandise on eBay sparks bloodlust among Elizabeth Holmes fans Read more "There is a new sheriff in town - this is going to change things for both founders and investors," she said.
SAN JOSE, Calif. — Elizabeth Holmes, the former chief executive of the blood-testing startup Theranos, was sentenced on Friday to more than 11 years in federal prison for her role in defrauding.
Theranos founder Elizabeth Holmes and her parents, Noel Holmes and Christian Holmes, leave the Robert F. Peckham Federal Building and U.S. Courthouse in San Jose, California on Sept. 1, 2022. AP.
The Theranos founder is expected to appeal the sentence. Elizabeth Holmes, the founder of shuttered blood testing company Theranos, was sentenced to 135 months, or 11 1/4 years, in prison on.
Theranos founder Elizabeth Holmes, who was convicted in January on four counts of criminal fraud, is set to be sentenced today. She faces up to 20 years in prison. Although Holmes could be given.
Four years after the top two Theranos executives, Elizabeth Holmes and Ramesh "Sunny" Balwani, were first indicted together on a dozen federal fraud charges stemming from their time heading up the.
Karissa Bell. · Senior Editor. November 23, 2022, 3:00 PM · 1 min read. More than seven years after the first Wall Street Journal story about problems with Theranos' blood tests, its founder, Elizabeth Holmes, was sentenced to over a decade in prison for defrauding the company's investors. She had been found guilty on four counts of fraud.
Jim Wilson/The New York Times. SAN JOSE, Calif. — Elizabeth Holmes, the founder of the failed blood-testing start-up Theranos, was sentenced to more than 11 years in prison on Friday for.
A federal judge on Friday sentenced former Theranos CEO Elizabeth Holmes to 11.25 years in prison and three years of supervised release for defrauding investors in the failed blood testing company. Holmes, facing 11 charges, was found guilty in January 2022 of conspiracy to commit wire fraud and three counts of wire fraud, and not guilty on.
Elizabeth Holmes Gets 11 Years in Prison The former Theranos CEO's fall is a cautionary tale for eccentric founders and the investors who blindly throw money at their inventions. Facebook
A federal judge sentenced former Theranos CEO Elizabeth Holmes to 11 years and 3 months in prison Friday — too harsh a punishment considering the crime and the defendant. Holmes was convicted.
A federal judge has 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.
Elizabeth Holmes, the founder of the failed blood-testing startup Theranos, was sentenced to more than 11 years in prison after she was convicted on four counts of wire fraud for duping investors.
November 25, 2022 at 7:30 a.m. When Judge Edward Davila sentenced Theranos founder Elizabeth Holmes to more than 11 years in prison last week, he ordered that she surrender for imprisonment April.
Theranos founder Elizabeth Holmes, center, arrives at the Robert F. Peckham Federal Building and U.S. Courthouse in San Jose, Calif., on Friday, Nov. 18, 2022. (Dai Sugano/Bay Area News Group)
Elizabeth Holmes, the disgraced former Silicon Valley star who was convicted of fraud earlier this year, was sentenced Friday to 11 years and three months in prison. U.S. District Judge Edward.
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