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  • Elizabeth Holmes sentenced to more than 11 years in prison for Theranos fraud
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Elizabeth Holmes sentenced to more than 11 years in prison for Theranos fraud

19 November 2022 1 minute read
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đŸ“˜ Read this story in Kannada

A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion. In San Jose, California, U.S. District Judge Edward Davila sentenced Holmes, 38, on three counts of investor fraud and one count of conspiracy after a jury convicted her last January following a trial spanning three months. The prosecution had recommended a sentence of 15 years in prison, while the defense had urged the judge to impose no prison time.

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  • Karnataka Must Protect Cauvery Interests, Farmers’ Rights: BJP State President B.Y. Vijayendra
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