Court Orders Theranos Founder Elizabeth Holmes To Go To Prison - News Summed Up

Court Orders Theranos Founder Elizabeth Holmes To Go To Prison


Disgraced Theranos founder Elizabeth Holmes has been ordered to report to prison while she appeals her fraud conviction and jail sentence of over 11 years for defrauding investors. She has also been ordered to pay $452 million to victims, which will be split with her former partner, Ramesh "Sunny" Balwani, who was also convicted and sentenced to 13 years in prison. CNBC reports:You can read more about the 'U.S. v. Elizabeth Holmes, et al.'


Source: New Zealand Herald May 18, 2023 00:44 UTC



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