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Theranos founder Elizabeth Holmes has prison sentence shortened by two years | US News
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Disgraced Theranos founder Elizabeth Holmes has had two years knocked off her prison sentence. Holmes, 39, is behind bars in Texas for overseeing an infamous blood-testing hoax. The fraudster started her 11-year sentence in May – but an update to her prison records shows she is now due to be released two years ahead of schedule.…
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Theranos founder Elizabeth Holmes set to serve 11-year prison sentence after judge throws out latest appeal | US News
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Disgraced Theranos founder, Elizabeth Holmes, looks set for prison after a court rejected her latest attempt to stay free. The 39-year-old entrepreneur was also ordered to pay $452 million (almost £363 million) to victims of her crimes by a court in California on Tuesday. She is jointly liable for the restitution penalty with her former…
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Elizabeth Holmes: Disgraced Theranos founder delays going to jail after winning appeal | Business News
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Elizabeth Holmes, the disgraced tech billionaire convicted of fraud, has avoided starting her 11-year jail term on Thursday after a judge backed her appeal to delay it. Holmes, 39, who founded Theranos, was sentenced to 11 years and three months after being found guilty of three counts of investor fraud and one count of conspiracy…
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Theranos founder Elizabeth Holmes appeals against ‘unjust’ conviction for blood-testing scam as jail date approaches | US News
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Elizabeth Holmes has launched an appeal against what her lawyers say is an “unjust” conviction over the Theranos scandal. The 39-year-old was convicted of four counts of fraud in January 2022 and sentenced to an 11-year jail term last November. Earlier this month she lost a bid to stay out of prison while she appealed against…
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Theranos founder Elizabeth Holmes loses bid to stay out of prison and will begin 11-year sentence this month | Science & Tech News
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Elizabeth Holmes will begin an 11-year jail term this month after losing a bid to stay out of prison while she appeals her conviction over the Theranos scandal. The 39-year-old was sentenced in November for what prosecutors had branded as “among the most substantial white collar offences Silicon Valley or any other district has seen”.…
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Elizabeth Holmes’s former partner Ramesh Balwani jailed over Theranos scandal | Science & Tech News
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The ex-partner of disgraced Theranos founder Elizabeth Holmes has joined his accomplice in being sentenced to more than a decade in prison. Ramesh “Sunny” Balwani was jailed for almost 13 years for his role in the company’s blood-testing hoax, which saw investors conned and patients put at risk as the pair enjoyed a life of…
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Elizabeth Holmes ‘has ambition to rise again’ despite being jailed over Theranos case that gripped world | Science & Tech News
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Disgraced Theranos founder Elizabeth Holmes “has the ambition to rise again” despite being jailed over a years-long scam that saw her become one of America’s most celebrated tech billionaires, the creator of an award-winning podcast about the scandal has said. The 38-year-old was sentenced to more than 11 years behind bars on Friday, having been…