Theranos founder Elizabeth Holmes just reported to a Texas prison to begin serving her 11-year sentence
Holmes duped investors and patients by exaggerating Theranos' financials and falsely claiming its devices could run hundreds of medical tests with only a single drop of blood, prosecutors argued during her monthslong trial last year. The defense argued that Holmes was in the dark about much of the company's finances and technology issues, and HolmesHolmes has been sentenced to 11.25 years in prison with three years of supervision following her release.
"Every day for the past few years I have felt deep pain for what people went through because I failed them," she added at the time."Looking back, there are so many things I would do differently if I had the chance. I regret my failings with every cell of my body." Last January, Holmes was found guilty on four counts, all related to investors' losses in Theranos. She was acquitted on four other charges, and the jury was unable to reach a verdict on the three remaining counts. She is
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