Theranos founder Elizabeth Holmes (L) arrives at a federal prison in Bryan, Texas to begin her sentence. Photo: Mark Felix / AFPSource: AFPDisgraced biotech star Elizabeth Holmes began serving her 11-year sentence for defrauding investors in a Texas prison on Tuesday. The 39-year-old was seen arriving at the minimum-security federal prison for women inmates in Bryan, Texas near Houston. As founder of Theranos, Holmes became a tech celebrity, winning investments from top politicians and some of the world's richest people, including media baron Rupert Murdoch, Oracle founder Larry Ellison and pharmacy chain Walgreens. Balwani was sentenced to nearly 13 years and is currently serving his time at a federal prison in California.

Source: The Star May 31, 2023 08:59 UTC