Elizabeth Holmes
Elizabeth Holmes is the former CEO of Theranos a blood testing company which claimed to detect diseases including cancer with just a few drops of blood. 11 hours agoramesh sunny balwani former president and chief operating officer coo of theranos and ex-boyfriend of founder elizabeth holmes leaves after the opening day of his federal trial for wire fraud.
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Two Months and 20 Years Holmes trial has taken over two months but has finally come to a close.
. 10 hours agoHolmes a Stanford University sophomore studying chemical engineering drops out of school to pursue her startup Theranos which she founded in 2003 at age 19. The name is a combination of the. After many long years Elizabeth Holmes trial has come to an end and shes been sentenced.
She faces up to 20 years in prison and fines of up to 250000. Holmes is named to the magazines American billionaire list with the outlet reporting she owns a 50 stake in the startup pinning her personal wealth at 45 billion. The company claimed to allow people to self-administer faster inexpensive and less-intrusive blood tests.
A jury found Holmes not guilty on four. She was found guilty of defrauding investors and conspiracy to commit wire fraud. On January 3 2022 Elizabeth Holmes was found guilty of three counts of wire fraud and one count of conspiracy to commit wire fraud by misleading investors.
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