finance

Theranos founder Elizabeth Holmes turns herself in for 11-year prison term – video


The Theranos founder Elizabeth Holmes turned herself in for an 11-year prison sentence, marking a final chapter in a years-long fraud saga that riveted Silicon Valley. The 39-year-old tech founder entered the minimum-security federal women’s prison camp located in Bryan, Texas, on Tuesday afternoon. Holmes had been out on bail since she was indicted on fraud charges in 2018 over her role as the head of the failed blood-testing firm. She was convicted in November 2022 on four counts of defrauding investors and sentenced to 11 years and three months in prison



READ SOURCE

Readers Also Like:  Barclays boss calls for UK economic development agency

This website uses cookies. By continuing to use this site, you accept our use of cookies.