Theranos founder Elizabeth Holmes jailed for fraud

[g3org3y]

Theranos founder Elizabeth Holmes has been sentenced to over 11 years in prison for defrauding investors in her blood testing start-up that was once valued at $9bn (£7.5bn).

Fake it till you make it.

Never made it.

Fascinating story behind this (the 'Out for Blood' documentary is well worth a watch).

[g3org3y]

Theranos founder Elizabeth Holmes attempted to flee the US shortly after her conviction on fraud charges last year, prosecutors claim.

https://www.bbc.co.uk/news/world-us-canada-6434716...

[g3org3y]

Theranos Founder Elizabeth Holmes to go to prison end of April

Edit for correct (non H&M) link: https://www.bbc.co.uk/news/world-us-canada-6524110...

Edited by g3org3y on Thursday 13th April 06:03

[g3org3y]

KAgantua said:

g3org3y said:

Theranos Founder Elizabeth Holmes to go to prison end of April

https://www.bbc.co.uk/news/uk-65255135

Wrong link?

Oops. Bloody Meghan ruining everything again.

[g3org3y]

BBB said:

After several failed attempts to delay her time behind bars, Theranos founder Elizabeth Holmes is set to report to federal prison this week.

The disgraced entrepreneur was sentenced to over 11 years in prison and ordered to pay $452m (£365m) with her former business partner Sunny Balwani to dozens of high-profile investors they defrauded through a blood-testing start-up.

It's a sizeable bill for the former billionaire, who has claimed she does not even have enough money to pay her lawyers.

https://www.bbc.co.uk/news/world-us-canada-6567896...

[g3org3y]

Theranos fraudster Elizabeth Holmes has prison sentence reduced again

Disgraced biotech company founder is now due to be released in August 2032, two years and four months before original date