CNN Business Elizabeth Holmes the former CEO and founder of failed blood testing startup Theranos was found guilty on four charges of defrauding investors capping off the stunning downfall of. Vicki Behringer A verdict is returned in the Elizabeth Holmes verdict Jan.
In 2014 Elizabeth Holmes then 30 years old was on top of the world.
. The jury began deliberating on Dec. Holmes 37 left the San. Elizabeth Holmes founder of Theranos has been found guilty on four of 11 charges of fraud concluding a high-profile trial that captivated Silicon Valley and chronicled the missteps of the now.
Holmes faces a maximum of 20 years in prison per charge likely to be. The 37-year-old was found guilty of conspiracy to defraud investors. ELIZABETH Holmes was found guilty of defrauding Theranos investors on Monday January 3 2022.
The ex-CEO was found guilty on four counts and not guilty on four counts while the jury remained deadlocked on three more charges. Theranos founder Elizabeth Holmes was convicted Monday of four federal charges of fraud for exaggerating to investors what her blood testing companys machines could do how much money the company could earn and how widely the machines were being used. The jurors in Elizabeth Holmes criminal fraud trial reached a verdict on Monday after seven days of deliberations spanning more than 50 hours.
Holmes was found guilty of four of the 11 charges. Holmes 37 was initially charged with nine counts of wire fraud and two counts of conspiracy to commit wire fraud. Theranos founder Elizabeth Holmes has been found guilty of four counts of conspiracy and wire fraud after originally facing 12 counts.
David Paul MorrisBloomberg via Getty Images A jury in federal. Wire fraud of Brian Grossman worth 38million. In the two weeks since which included some time off for holidays they have been largely quiet.
Elizabeth Holmes the founder of the failed blood testing start-up Theranos now awaits sentencing after being found guilty of four of 11 charges of fraud on Monday. SAN JOSE Calif. A Stanford University drop-out she had founded a company valued at 9bn 65bn for supposedly bringing about a.