Elizabeth Holmes

Elizabeth Anne Holmes (born February 3, 1984) is an  American former  businesswoman and convicted fraudster. She was the founder and CEO of Theranos, a now-defunct health technology company.

In 2015, Forbes had named Holmes the youngest and wealthiest self-made female billionaire in America.

After revelations of potential fraud in Theranos' claims, in 2016 Forbes revised its estimate of Holmes' net worth to zero. Fortune named her one of the "World's Most Disappointing Leaders".

 Trial 

The case of U.S. v. Holmes, et al., began on August 31, 2021. A trial was held in a lower court in the federal court system.

A former manager of Theranos gave testimony (in court) on September 17.https://www.bloomberg.com/news/articles/2021-09-18/ex-theranos-manager-tells-of-unrelenting-pressure-from-holmes. Retrieved 18 August 2021 She said "that she made Holmes [...] aware of serious failings of" blood-testing machines from Theranos; claims made by the former manager "were  backed up [...] by emails [showed to jurors or] displayed for jurors", media said.

Conviction
Holmes was convicted of four counts of fraud and conspiracy in January 2022. She [had] to report to prison on May 30, 2023. She made some appeals that were not successful.

The lower court gave her a prison  sentence of 11 years 3 months.https://www.bbc.com/news/world-us-canada-65620371. BBC.com. Retrieved 2023-05-18

Holmes showed up at Federal Prison Camp, Bryan, in Texas in May 2023. 

In 2023, the Bureau of Prisons web site [gave an indication or] projected that Holmes could be released from prison two years early, after serving 85% of her prison sentence.

Electronic Case File Entry No. 756, login required

References

Other websites
Jury finds Elizabeth Holmes guilty of fraud and conspiracy at blood-testing startup Theranos  . January 4, 2021

Category:1984 births
Category:Living people
Category:American fraudsters
Category:Businesspeople from Washington, D.C.
Category:People from Atherton, California
Category:Businesspeople from California