Elizabeth Holmes has at least one more chance to stay out of jail after a judge on Friday sentenced the aspiring biotech entrepreneur to 11 years and three months behind bars for defrauding a group of investors in her testing startup blood vessels collapsed, Theranos. Holmes’s freedom hinges on an expected appeal of his case, …
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It may be a little too soon to lump Sam Bankman-Fried into the same boat as infamous fraudster Bernie Madoff — or maybe not. The full post-mortem of his epic meltdown from crypto prodigy and billionaire to broke crypto villain extraordinaire won’t be ready for some time. Prosecutors for the US Attorney for the Southern …
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Jury finds Elizabeth Holmes guilty of fraud Sign up for our free USA newsletter delivered straight to your inbox every weekday morning Sign up for our free US morning email newsletter Theranos founder Elizabeth Homes has been sentenced to more than 11 years in prison for defrauding the blood testing startup’s investors. Holmes, who plans …
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CNN — Elizabeth Holmes was sentenced to more than 11 years in prison on Friday following her conviction in January for defrauding investors while running the failed blood testing startup Theranos. Judge Edward Davila imposed a sentence of 11 years and three months in prison, with a further three years of supervision after Holmes’ release. …
Elizabeth Holmes sentenced to more than 11 years in prison for fraud | CNN Business Read More »
Senator Cory Booker, Democrat of New Jersey, recently praised Elizabeth Holmes’ thoughtful focus and “determination to make a difference.” Actress Ricki Noel Lander said Ms Holmes was ‘a trustworthy friend and a really lovely person’. And Channing Robertson, who was a professor of chemical engineering at Stanford University, praised Ms Holmes for her “compassion towards …
Elizabeth Holmes’ Fraud Conviction Will Send a Message One Way or Another Read More »
