Former Theranos CEO Elizabeth Holmes was convicted on four counts of fraud and conspiracy Monday, ending a lengthy trial that has captivated Silicon Valley. Hinds did not mention the jury's decision to acquit Holmes on the four counts involving patient fraud. She was found guilty on two counts of wire fraud and two counts of conspiracy to commit fraud on Monday after seven days of deliberation, acquitted on three counts of defrauding patients who paid for tests from Theranos, and on a related conspiracy charge. WATCH | Theranos founder stands trial for fraud:Theranos founder cross-examined at fraud trial Duration 1:57 Elizabeth Holmes was cross-examined after taking the stand in her U.S trial for fraud. During her testimony, Holmes occasionally expressed contrition for her handling of a variety of issues, but often contended that she'd forgotten the circumstance surrounding some of the key events spotlighted by the prosecution.

Source: CBC News January 04, 2022 22:45 UTC