Elizabeth Holmes Is Sentenced to More Than 11 Years for Fraud (Published 2022)
Ms. Holmes was convicted in January of four counts of fraud for deceiving investors with claims about her blood testing start-up Theranos.
www.nytimes.com
“ The sentence capped a yearslong saga that has captivated the public and ignited debates about Silicon Valley’s culture of hype and exaggeration. Ms. Holmes, who raised $945 million for Theranos and promised that the start-up would revolutionize health care with tests that required just a few drops of blood, was convicted in January of four counts of wire fraud for deceiving investors with those claims, which turned out not to be true. “
You break the law, you serve time in prison….
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