Elizabeth Holmes Sentenced to 11.25 Years in Jail for Fraud Case

Former Theranos CEO Elizabeth Holmes shall be spending time behind bars.

The 38-year-old—who was portrayed by Amanda Seyfried in Hulu’s The Dropout, a TV collection documenting the downfall of the entrepreneur’s well being know-how firm—was sentenced to 11.25 years in jail and three years of supervised launch after she was discovered responsible on 4 fraud-related costs, in accordance with NBC Information. The judgment was handed down on Nov. 18, together with orders for her to give up to authorities on April 27, 2023.

The sentencing was initially scheduled for final month, however was pushed again after Holmes’ authorized workforce mentioned a witness who testified within the four-month trial visited her house to specific remorse, in accordance with CNN.

Through the trial, prosecutors accused Holmes of defrauding buyers, docs and sufferers along with her enterprise, which presupposed to have developed a blood-testing technique that will get fast and correct outcomes by merely utilizing a small quantity of pattern gathered via a finger prick.


See also  Ben Platt and Noah Galvin Are Engaged

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to top