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Theranos founder Elizabeth Holmes sentenced to more than 11 years in prison

by Diplomatic Info
November 19, 2022
in Business, International
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Theranos founder Elizabeth Holmes sentenced to more than 11 years in prison
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  • Theranos founder Elizabeth Holmes was sentenced Friday to 135 months in prison.
  • U.S. District Court Judge Edward Davila, who presided over Holmes’ trial, handed down the sentence.
  • Holmes was convicted on four counts of criminal fraud years after her blood-testing company crumbled.

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. She was ordered to surrender on April 27.

Holmes was convicted in January in the U.S. District Court for the Northern District of California. She cried while speaking to the court ahead of her sentencing on Friday.

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