Elizabeth Holmes enters Texas prison to begin 11-year sentence for notorious blood-testing hoax
- Elizabeth Holmes, the founder of Theranos, has begun her 11-year prison sentence in a minimum-security prison in Texas for four counts of fraud linked to her failed blood testing start-up.
- Holmes will work alongside other inmates for between 12 cents and $1.15 an hour, with wages going towards court-mandated restitution payments to her victims.
- Holmes' former business partner, Sunny Balwani, is already serving a 13-year sentence in California for his role in the scheme, and Holmes will be under supervision for three years after her release.
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190 Articles
Elizabeth Holmes enters Texas prison to begin 11-year sentence for notorious blood-testing hoax - Creston Valley Advance
Theranos founder Elizabeth Holmes entered a Texas prison Tuesday where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Elizabeth Holmes enters Texas prison to begin 11-year sentence for notorious blood-testing hoax - Houston Today
Theranos founder Elizabeth Holmes entered a Texas prison Tuesday where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Elizabeth Holmes enters Texas prison to begin 11-year sentence for notorious blood-testing hoax - West Hawaii Today
BRYAN, Texas (AP) — Theranos founder Elizabeth Holmes entered a Texas prison Tuesday where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Elizabeth Holmes enters Texas prison to begin 11-year sentence for notorious blood-testing hoax
BRYAN, Texas — Theranos founder Elizabeth Holmes entered a Texas prison Tuesday where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Elizabeth Holmes reports to federal prison in Bryan, Texas
Elizabeth Holmes made an audacious bet with her failed blood-testing company, Theranos: collect hundreds of millions of dollars by lying to investors in hopes her defective technology would begin to work. She took another gamble after being indicted by the federal government in 2018: take the case to trial – rather than plead guilty and get a lighter sentence.
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