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Published 1 year ago

Elizabeth Holmes Sentenced To More Than 11 Years In Prison

Summary by Ground News
Elizabeth Holmes on Friday was sentenced by a California judge to 11 years and three months in prison for defrauding investors in her failed blood-testing company, Theranos. his is the end of a years-long saga that saw the celebrated startup founder become a cautionary tale of Silicon Valley's "fake it 'til you make it" culture.

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Times of IndiaTimes of India

Theranos fraud: Elizabeth Holmes sentenced to 11 years for duping investors in the failed startup

Disgraced Theranos CEO Elizabeth Holmes was sentenced Friday to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit. The sentence imposed by U.S. District Judge Edward Davila was shorter than the 15-year penalty requested by federal prosecutors but far tougher than the leniency her legal team sought fo…

1 year ago·India
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BBC NewsBBC News

Theranos founder Elizabeth Holmes jailed for fraud

Holmes, who is pregnant, tearfully told the court she felt "deep pain" for victims of the fraud.

1 year ago·United Kingdom
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News18 IndiaNews18 India

Elizabeth Holmes Gets More Than 11 Years for Theranos Scam; Know Details

Holmes, 38, faces a maximum of 20 years in prison; her legal team requested no more than 18 months, preferably served in home confinement

1 year ago·India
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The GuardianThe Guardian

Theranos founder Elizabeth Holmes sentenced to more than 11 years for defrauding investors

The harsh ruling sends a message to Silicon Valley that the government will hold founders accountable for what’s promised

1 year ago·London, United Kingdom
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The HinduThe Hindu

Elizabeth Holmes gets more than 11 years for Theranos scam

The sentence imposed by U.S. District Judge Edward Davila was shorter than the 15-year penalty requested by federal prosecutors

1 year ago·India
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CTV NewsCTV News

Elizabeth Holmes gets more than 11 years in prison for Theranos scam

Disgraced Theranos CEO Elizabeth Holmes was sentenced Friday to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit.

1 year ago·Canada
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