Elizabeth Holmes
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. 1 day agoAfter over 40 hours of deliberation the jury in the trial of Theranos founder Elizabeth Holmes said in a note on Monday they are unable to come to a.
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19 hours agoThe jurors in Elizabeth Holmes criminal fraud trial reached a verdict on Monday after seven days of deliberations spanning more than 50 hours.
. Federal prosecutors charged Holmes 37 with 11 felony counts of fraud and conspiracy in 2018 after Theranos collapsed under the weight of her bogus boasts about its technological prowess. She took a gamble and. The jury remained deadlocked on the three remaining charges forcing a mistrial on the unresolved counts.
Holmes was placed on the Forbes list of the 400 richest Americans in 2014 and that year she was dubbed the worlds youngest self-made woman billionaire. Elizabeth Holmes guilty of 4 counts of fraud acquitted on 4 in Theranos trial. Elizabeth Holmes born February 3 1984 Washington DC American entrepreneur who was founder and CEO 200318 of the medical diagnostic company Theranos Inc.
Holmes 37 left the San. Ex-Theranos CEO Elizabeth Holmes takes the witness stand in her fraud trial But Holmes side of the story adds complexity to what the government is trying to sell to jurors. Holmes was found guilty of four of the 11 charges.
SAN JOSE Calif. Holmes faces a maximum of 20 years in prison per charge likely to be. 19 hours agoCNN Business Elizabeth Holmes the former CEO and founder of failed blood testing startup Theranos was found guilty on four charges of defrauding investors capping off the stunning downfall of.
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.
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