Theranos Fraudster Elizabeth Holmes Sentencing Likely Set Disgraced theranos founder and ceo elizabeth holmes will likely face her sentencing in september 12, 2022 after being convicted of defrauding investors. martin e. klimek usa today network sipa usa. Accessibility help skip to content. elizabeth holmes, the disgraced founder of failed blood testing start up theranos, has been sentenced to more than 11 years in prison for what prosecutors.
Theranos Fraudster Elizabeth Holmes Sentencing Likely Set Elizabeth holmes was sentenced to more than 11years in prison on friday following her conviction in january for defrauding investors while running the failed blood testing startup theranos. judge. Holmes' prison term is set to begin april 27. she is also required to serve three years of probation after her release. the sentence is likely to send a message to other high flying technology. The jury could not reach a unanimous verdict with respect to three individual investor fraud counts. an additional count of wire fraud relating to a theranos patient had been dismissed during trial. in addition to the 135 month prison term, u.s. district judge davila sentenced holmes to three years of supervision following release from prison. By erin griffith. nov. 18, 2022. san jose, calif. — elizabeth holmes, the founder of the failed blood testing start up theranos, was sentenced to more than 11 years in prison on friday for.
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