Elizabeth Holmes Ordered to Prison on May 30 After Losing Bid to Stay Free During Appeals
Court
The district court judge in her case ordered a hefty restitution bill for Holmes and former CEO Sunny Balwani.
Fraud
January 21, 2023
Convicted Theranos Founder Elizabeth Holmes Booked 1-Way Ticket to Mexico After Conviction
Theranos found Elizabeth Holmes booked a one-way ticket to Mexico a year ago, just after she was convicted of defrauding investors. Prosecutors made the claim Friday in a court filing arguing that she should begin her nearly 13-year prison sentence rather than living in a $13,000/month estate while waiting to begin the sentence in April, …
Fraud
November 18, 2022
Theranos Founder Elizabeth Holmes Sentenced to More Than 11 Years in Prison
Former Silicon Valley darling Elizabeth Holmes was sentenced to 135 months in prison on Friday after she was found guilty in January of four counts of wire fraud related to teh collapse of her company, Theranos, which had promised to deliver health information from a drop of blood. The problem: The technology didn’t work.
Court
January 3, 2022
Theranos Founder Elizabeth Holmes Found Guilty on 4 Counts, Not Guilty on 4 Counts
After weeks of deliberation, a California jury on Monday found Silicon Valley entrepreneur Elizabeth Holmes guilty on four counts of wire fraud and not guilty on four others related to the collapse of Theranos, the blood testing company that promised to deliver health information with just a drop of blood — but the technology didn’t …