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    Elizabeth Holmes sentenced to 11 years in prison for Theranos fraud

    Holmes was convicted on charges related to defrauding investors who poured hundreds of millions of dollars into her blood-testing company, believing it would revolutionize health care.
    by Bobby Allyn Nov 18, 2022 3 minutes
    Former Theranos CEO Elizabeth Holmes arrives for her sentencing at federal court with her partner Billy Evans in San Jose, California. Holmes was convicted of four counts of fraud for allegedly engaging in a multimillion-dollar scheme to defraud investors.
    Updated November 18, 2022 at 8:04 PM ET

    SAN JOSE, Calif. — Elizabeth Holmes, the former chief executive of the blood-testing startup Theranos, was sentenced on Friday to more than 11 years in federal prison for her role in defrauding investors out of hundreds of millions of dollars.

    Holmes, once seen as a Silicon Valley wunderkind, was ordered to begin her prison sentence on April 27, 2023, in a case U.S. District Judge Edward Davila described as "troubling on so many levels."

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