Elizabeth Holmes
Elizabeth Holmes the founder of the failed blood testing start-up Theranos now awaits sentencing after being found guilty of four of 11 charges of fraud on Monday. 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.
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Elizabeth Holmes walks into federal court in San Jose Calif Jan.
. SAN JOSE Calif. The ex-CEO was found guilty on four counts and not guilty on four counts while the jury remained deadlocked on three more charges. Holmes conviction comes after the jury in the trial following over 45 hours of.
A Stanford University drop-out she had founded a company valued at 9bn 65bn for supposedly bringing about a. Wire fraud of Brian Grossman worth 38million. Elizabeth Holmes American entrepreneur who founded the medical diagnostic company Theranos Inc.
Holmes 37 left the San. Holmes was found guilty of four of the 11 charges. ELIZABETH Holmes was found guilty of defrauding Theranos investors on Monday January 3 2022.
Serious concerns about Theranoss business practices caused its decline however and she relinquished control of Theranos in 2018. The 37-year-old was found guilty of conspiracy to defraud investors. The jury remained deadlocked on the three remaining charges forcing a mistrial on the unresolved counts.
Holmes was dubbed the worlds youngest self-made woman billionaire in 2014. Reporter who broke Theranos scandal predicts outcome of Elizabeth Holmes trial Published Fri Jul 9 2021 300 PM EDT Updated Fri Jul 9 2021 302 PM EDT Yasmin Khorram YasminKhorram. In 2014 Elizabeth Holmes then 30 years old was on top of the world.
Holmes faces a maximum of 20 years in prison per charge likely to be. The jurors in Elizabeth Holmes criminal fraud trial reached a verdict on Monday after seven days of deliberations spanning more than 50 hours. Elizabeth Holmes guilty of 4 counts of fraud acquitted on 4 in Theranos trial.
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