In a saga that performed out within the media, in TV exhibits, documentaries, and a extremely publicised four-month trial, former Theranos founder Elizabeth Holmes was discovered responsible of fraud and conspiracy in January 2022.
As we speak, the 38-year-old acquired her sentence: 11.25 years, or 135 months, in jail.
Decide Edward Davila defined that Holmes’ acquittal on prices associated to harming sufferers helped her case, however that her refusal to acknowledge wrongdoing nonetheless harm it, in accordance with the Wall Road Journal.
Holmes reportedly stated some model of, “They don’t put fairly individuals like me in jail,” to a Walgreens consultant again in 2010, in accordance with a sentencing memo filed by prosecutors a few week earlier than Friday’s listening to.
The 7 weirdest moments of the Elizabeth Holmes trial
In January, Holmes was discovered responsible by a San Jose-based jury on 4 counts, together with one depend of conspiracy to commit wire fraud and three counts of wire fraud. She confronted a most of 20 years in jail in addition to a $250,000 tremendous for every depend, plus restitutions.
Holmes was the CEO of blood-testing firm Theranos, which claimed to have the ability to take a look at for numerous illnesses utilizing a pinprick of the affected person’s blood.
Charged alongside former Theranos president Ramesh “Sunny” Balwani, Holmes confronted a complete of 11 counts throughout her trial (two counts of conspiracy to commit wire fraud and 9 counts of wire fraud) which noticed prosecutors arguing that she’d defrauded buyers by faking one thing scientifically unattainable. 4 of the fees caught. Out of the opposite seven, Holmes was discovered not responsible on three of the wire fraud counts and one of many conspiracy counts. The jury was unable to come back to a unanimous verdict on the remaining three counts, which involved particular wire fraud prices from Dec. 2013.
