Elizabeth Holmes
0246 In a case that exposed Silicon Valleys culture of hubris and hype Elizabeth Holmes. Elizabeth Holmes guilty of 4 counts of fraud acquitted on 4 in Theranos trial.
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The jury began deliberating on Dec.
. 2 days agoVicki Behringer A verdict is returned in the Elizabeth Holmes verdict Jan. SAN JOSE Calif. 1 day agoElizabeth Holmes the former CEO and founder of failed blood testing startup Theranos was found guilty on four charges of defrauding investors capping off the stunning downfall of a former tech.
Theranos founder Elizabeth Holmes was convicted Monday of four federal charges of fraud for exaggerating to investors what her blood testing companys machines could do how much money the company could earn and how widely the machines were being used. Holmes 37 awaits her fate on 11 counts of criminal fraud and conspiracy first claimed in a superseding indictment claiming she used her now defunct blood-testing company Theranos to defraud. Holmes faces a maximum of 20 years in prison per charge likely to be.
1 day agoElizabeth Holmes guilty of four fraud charges. Holmes 37 was initially charged with nine counts of wire fraud and two counts of conspiracy to commit wire fraud. The jury remained deadlocked on the three remaining charges forcing a mistrial on the unresolved counts.
In the two weeks since which included some time off for holidays they have been largely quiet.
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