Elizabeth Holmes Begins 11-Year Prison Sentence for Theranos Fraud
Elizabeth Holmes, the founder of blood-testing startup Theranos, has reported to a federal prison in Bryan, Texas, to begin her 11-year sentence for defrauding investors. Holmes, who was found guilty in January 2022 on four counts of investor fraud and conspiracy, was ordered to surrender to federal custody on April 27 but faced delays due to her appeal. Holmes, 39, co-founded Theranos in 2003 an...More
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