WorldElizabeth Holmes, fallen Silicon Valley star, convicted of fraud

Elizabeth Holmes, fallen Silicon Valley star, convicted of fraud


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In the end, it will have succeeded in deceiving the investors and the media but not in convincing the jurors. After three months of trial and more than a week of deliberations, the former boss of the start-up Theranos Elizabeth Holmes, who promised to revolutionize blood tests, was found guilty on Tuesday of several charges of fraud by a California court. It will be fixed on his sentence later, which is likely to be less than 20 years.

Elizabeth Holmes was convicted of four out of eleven charges, including defrauding investors and bank fraud for raising money knowing her machine had never actually worked. She was, however, acquitted of four other charges, including cheating on patients and doctors, and the jury could not agree on three more. In theory she risks up to 20 years in prison for each of the four charges, but the judge should pronounce sentences carried out in parallel, and not one after the other. Because the ex-leader has no previous record, her sentence should ultimately be well under 20 years, with the possibility of parole after serving half of it.


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