. Elizabeth Holmes Guilty 4 out of 11 Charges « JO LEE MAGAZINE

CNN – The jury in the criminal trial of Elizabeth Holmes, the former CEO and founder of Theranos, has reached a verdict. Holmes was found guilty on four charges — three counts of wire fraud and one count of conspiracy to commit wire fraud. The jury returned no verdict on three counts of wire fraud. She was found not guilty on three additional charges of wire fraud and one charge of conspiracy to commit wire fraud. Holmes faces up to 20 years in prison as well as a fine of $250,000 plus restitution for each count of wire fraud and each conspiracy count.

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David Paul Morris

Elizabeth Holmes, founder of Theranos Inc., arrives at federal court in San Jose, California, U.S., on Monday, Jan. 3, 2022. Holmes faces 11 counts of wire fraud and conspiracy to commit wire fraud over charges that she lied about technology as she sought investments and business for her start-up. Photographer: David Paul Morris/Bloomberg





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