Theranos founder Elizabeth Holmes sentenced to over 11 years in prison
2 years ago
14
CALIFORNIA judge sentenced Theranos founder Elizabeth Holmes to over 11 years in prison for defrauding investors in her now-defunct blood testing startup.
The sentence for three counts of investor fraud and one count of conspiracy comes after a jury convicted the 38-year-old back in January.
During the hearing, Holmes cried as she said she was "devastated" by her failures and would have done many things differently if she had the chance.
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