Elizabeth Holmes
Elizabeth Holmes founder of failed blood-testing startup Theranos Inc was found guilty on four of 11 criminal-fraud charges. Elizabeth Holmes Has Been Found Guilty Of Defrauding Investors With False Promises About Theranoss Blood-Testing Technology.
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The verdict came after a lengthy trial that featured testimony from more than 30 witnesses including Holmes herself.
. Elizabeth Holmesthe 37-year-old former CEO of Theranos the now defunct Silicon Valley-based blood testing companyhas been found guilty of four counts for her role in defrauding investors. According to the indictment the charges stem from allegations that Holmes and Balwani engaged in a multi-million-dollar scheme to defraud investors and a separate scheme to defraud doctors and patients. Regarding Theranos claims that its machines needed small amounts of blood drawn from a.
Elizabeth Holmes is set to be sentenced on Sept. Holmes the Theranos founder faces up to 20 years in prison for each of four counts that led to a conviction in her federal fraud trial. Two months into Theranos founders trial how does it look for her.
Elizabeth Holmes jolted into the spotlight in 2015 when Forbes named the Theranos CEO and founder the worlds youngest and wealthiest self-made billionaire. Elizabeth Holmes and Ramesh Sunny Balwani are charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud. Elizabeth Holmes the disgraced founder of the blood testing start-up Theranos was found guilty of four of 11 charges of fraud.
Considering she was the founder and CEO of Theranos you might think the case would be an easy win. More than three years after Elizabeth Holmes was first indicted and nearly four months after her trial kicked off the founder and former CEO of failed blood testing startup Theranos was found. Elizabeth Holmes claimed her diagnostics machines could test hundreds of diseases.
Elizabeth Holmes and her partner Billy Evans walk outside the federal court after she was found guilty on 4 of 11 accounts faced in her fraud trial in San Jose California Jan. The conclusion comes roughly four. Here are some key figures in the case.
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