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.

Published 3 months ago · San Jose, United States

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Times 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…

3 months ago·Mumbai, India

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BBC 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.

3 months ago·United Kingdom

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News18 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

3 months ago·India

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Reuters

Elizabeth Holmes sentenced to more than 11 years in prison for Theranos fraud

A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion.

3 months ago·United Kingdom

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