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Elizabeth Holmes News
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U.S District Court Judge sentenced now default company Theranos founder Elizabeth Holmes to over 11-years prison for frauding investors and misleading patients. Theranos was shutdown in 2018 which was once valued over $9 billion company. Elizabeth Holmes, who was once hailed as a female Steve Jobs and silicon valley star, will be sent to prison. Here's the entire story of Elizabeth and her dream company Theranos.
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Elizabeth Holmes now faces up to 20 years in prison for each guilty count
Legal experts say she is unlikely to receive anything close to the maximum sentence
The jury deadlocked on the three remaining charges
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Forbes magazine on Wednesday reduced its estimate of the net worth of Elizabeth Holmes, the founder and chief executive of health technology company Theranos Inc, to zero from USD 4.5 billion last year.
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