In a statement, U.S. Attorney's Office said Balwani risked patient health by misrepresenting the accuracy of Theranos blood analysis technology and that defrauded Theranos investors of millions of dollars.
Elizabeth Holmes, the founder of shuttered blood testing company Theranos, was sentenced to 135 months, or 11 1/4 years, in prison on Friday for defrauding investors. She was found guilty in January of duping investors and lying about the technology.
After being found guilty of defrauding investors, Elizabeth Holmes, the disgraced former CEO of Theranos, is scheduled to be sentenced on Friday. Now that she has a second child on the way, her attorneys are pleading for leniency on her behalf by portraying her as someone who overcame an abusive relationship to become a loving […]
After being found guilty of defrauding investors, Elizabeth Holmes, the disgraced former CEO of Theranos, is scheduled to be sentenced on Friday. Now that she has a second child on the way, her attorneys are pleading for leniency on her behalf by portraying her as someone who overcame an abusive relationship to become a loving […]
Shonda Rhimes‘, ‘Inventing Anna’ is Netflix’s fan-favorite for 2022 so far. In its first four weeks of release, the limited dramedy series made Netflix’s top ten most-watched TV series list. The makers take great pleasure in narrating the mostly real story of Anna Delvey aka Anna Sorokin, a “fake heiress”. If ‘Inventing Anna’ has had […]
Washington [US], January 4 (ANI): The verdict is in on former Theranos CEO Elizabeth Holmes' fraud case. She has been convicted on four counts of fraud and conspiracy, ending a lengthy trial that has captivated Silicon Valley.
Elizabeth Holmes, the former CEO of Theranos, was found guilty on four counts of fraud and conspiracy on Monday. Thereby, bringing an end to a long trial that gripped Silicon Valley. She was found not guilty of four other felony charges by the jury. The jury however remained deadlocked on the remaining three charges. Holmes […]
Washington [US], December 17 (ANI): Actor Amanda Seyfried's first look as disgraced Theranos founder Elizabeth Holmes from the upcoming Hulu series 'The Dropout' is out.
Elizabeth Holmes, the founder, and CEO of Theranos a blood testing and life science firm. Read to know why she’s undergoing a trial and what are the charges against her. Who is Elizabeth Holmes? Why is she on trial? Elizabeth Holmes, then 30 years old, founder of a blood-testing company was on top of the […]