Theranos founder Elizabeth Holmes should spend 15 years in prison and pay $800 million in restitution to investors defrauded in the blood testing start-up, ...
Holmes was found guilty of conspiracy and fraud against certain investors earlier this year.
Elizabeth Holmes has requested the US court for a lenient 18-month house arrest.
Theranos founder faces maximum of 20 years in prison after she was found guilty of fraud and conspiracy.
Federal prosecutors have asked a judge to sentence disgraced Theranos CEO Elizabeth Holmes to 15 years in prison, arguing she deserves a lengthy prison term ...
On Friday, the U.S. Department of Justice filed a recommendation that Holmes serve a 15-years prison sentence and pay $800 million to investors for ...
The blood testing start-up founder was convicted on four counts of wire fraud and conspiracy in January.
Holmes founded Theranos in 2003 at the age of 19. A jury convicted the 38-year-old on four counts of wire fraud and conspiracy in January. "Considering the extensiveness of Holmes' fraud โฆ
Elizabeth Holmes urged a United States judge not to send her to prison, as the founder of Theranos Inc. prepares to be sentenced this week for defrauding ...
Holmes founded Theranos in 2003 at age 19, before dropping out of Stanford University. "No defendant should be made a martyr to public passion," the lawyers wrote. prepares to be sentenced this week for defrauding investors in the blood-testing start-up. [convicted](https://www.reutersconnect.com/all?search=all%3AL1N2YN1LU&linkedFromStory=true) in July of defrauding investors and patients about the company. 18 sentencing before US District Judge Edward Davila in San Jose, California. [convicted](https://www.reutersconnect.com/all?search=all%3AL1N2T52J8&linkedFromStory=true) Holmes in January on four counts of wire fraud and conspiracy.