Disgraced Theranos founder Elizabeth Holmes is scheduled to report to prison Tuesday to begin her sentence of more than 11 years.
Elizabeth Holmes, the founder of blood lab Theranos who became the face of Silicon Valley duplicity after her company collapsed amid fraud claims, is scheduled to report to prison Tuesday to begin her sentence of more than 11 years.last January of four counts of wire fraud.
By March 2018, the Securities and Exchange Commission had charged Holmes, as well as Theranos Chief Operating Officer Ramesh"Sunny" Balwani — who was also romantically linked to Holmes — with securities fraud. At that point, Theranos stripped Holmes of her stake in and control of the company. In June 2018, Holmes and Balwani were indicted on federal fraud charges. By that fall, Theranos had announced it would dissolve.
The jury rejected most of Holmes' arguments and delivered its guilty verdict. In fall 2022, Holmes and Balwani, who had also been found guilty, were sentenced. Experts say Balwani earned a harsher sentence — nearly 13 years in prison — because of his experience running other businesses.
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Disgraced Theranos founder Elizabeth Holmes heads to prison for fraudConvicted Silicon Valley fraudster Elizabeth Holmes is scheduled to report to a federal prison in Texas on Tuesday to begin her more than 11-year sentence.
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Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
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Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
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Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
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Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Baca lebih lajut »
Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Baca lebih lajut »