Elizabeth Holmes to be sentenced this week as Theranos saga nears conclusion

November 14, 2022
Posted by: AliensFaith
Category: OBJECTIVE PRESS

The blood testing company’s founder could serve up to 20 years in prison after she was convicted in January for four counts of fraud

Elizabeth Holmes, the founder of Theranos, will be sentenced this week to up to 20 years in prison for her role in the blood testing company that tumbled from the heights of Silicon Valley after its fraudulent claims were exposed.

The sentencing is set to take place in a California courtroom on Friday, after a federal judge denied Holmes’s request for a new trial last week. Holmes had requested a new trial after she said a key witness for the prosecution apologized for the role he played in her conviction.

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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Elizabeth Holmes to be sentenced this week as Theranos saga nears conclusion

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