Theranos CEO Elizabeth Holmes to start her 11-year prison sentence today

South Africa News News

Theranos CEO Elizabeth Holmes to start her 11-year prison sentence today
South Africa Latest News,South Africa Headlines
  • 📰 CBSNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

Former Theranos CEO Elizabeth Holmes is scheduled to move into a Texas prison today, beginning an 11-year sentence for swindling investors of hundreds of millions of dollars and lying about her biotech company's blood-testing technology.

for swindling investors of hundreds of millions of dollars and lying about her biotech company's blood-testing technology.

A California court convicted Holmes, 39, on four counts of fraud and conspiracy. The judge presiding over the case recommended she serve time at a prison camp in Bryan, Texas. She leaves behind a nearly 2-year-old son, who was born weeks before the start of her trial, and a 3-month-old daughter, who was conceived after the jury convicted her.

Maintaining she was treated unfairly during the trial, Holmes sought to remain free while she appeals her conviction. But that bid was rejected by U.S. District Judge Edward Davila, who presided over her trial, and the Ninth Circuit Court of Appeals, leaving her no other avenue left to follow but the one that will take her to prison nearly 20 years after she founded Theranos.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CBSNews /  🏆 87. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Former Theranos CEO Elizabeth Holmes to surrender to federal prison in Texas TuesdayFormer Theranos CEO Elizabeth Holmes to surrender to federal prison in Texas TuesdayElizabeth Holmes is set to surrender to federal prison in Bryan, Texas on Tuesday to begin serving her sentence.
Read more »

Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Read more »

Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Read more »

Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Read more »

Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Read more »

Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Read more »



Render Time: 2025-02-28 20:06:34