Tag: Blood testing fraud

FRAUD: Theranos founder, Elizabeth Holmes sentenced to over 11 years in prison

Nov 19, 2022

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by

Bartholomew Madukwe

in News, World

A San Jose, California, U.S. District Judge, Edward Davila, has sentenced the founder of shuttered blood testing company- Theranos, Elizabeth Holmes, 38, 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. Holmes was also ordered to serve three years of supervised…