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The founder and former CEO of Theranos, Elizabeth Holmes faces 11 years in prison for defrauding investors.
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The Guardian has rated tech bosses who didn't have a great last year. Take a look at the list.
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Former Theranos COO Sunny Balwani has been sentenced to 13 years in prison for his role in the blood testing startup fraud. Here's what we know about the former Theranos executive.
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Theranos and FTX show a broad failure by investors to ask enough questions before handing over cash
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The unravelling of Theranos began in 2015, when John Carreyrou, then an investigative reporter for The Wall Street Journal, exposed the company’s false claims in a series of articles.
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Elizabeth Holmes, the founder and former CEO of Theranos, has been sentenced to 11 years in prison
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Holmes' meteoric rise once landed her on the covers of business magazines that hailed her as the next Steve Jobs , the disgraced Theranos CEO was sentenced to more than 11 years in prison for duping investors.
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Since Holmes was convicted, other high-profile startup founders have also come under scrutiny, prompting further debates over startup ethics.
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Is there something different about the mind of the potential white collar criminal? No, the business school they went to and the big-name companies they worked for are not good indicators of honesty.
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Elizabeth Holmes, 37, was convicted on January 3 on three counts of fraud and one count of conspiring to defraud private investors in the company. She remains free on a $500,000 bond secured by properties.
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What types of frauds that startups indulge in and why? Usual suspects are inflated billings or expenses and non-existent product, among others
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John Carreyrou’s award-winning book examined the story of a startupreneur who shot to fame by manipulating the flaws in Silicon Valley.
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The debasement of Elizabeth Holmes may seem distant and irrelevant to us in India. Instead it should prod us into examining the cultural moorings of our booming startup ecosystem
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For Holmes, everything came down to how the jury interpreted her intent. During prosecutors’ closing argument on Dec. 16, Schenk argued that Holmes deliberately deceived investors, patients and advertisers with the pharmaceutical validation reports, faked technology demonstrations and inaccurate marketing materials.
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A sentencing date is expected to be set at a hearing on the three hung charges next week.
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Theranos founder Elizabeth Holmes, 37, was found guilty of tricking investors into pouring money into what she said was a revolutionary testing system.
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Each count carries a maximum sentence of 20 years in prison, terms that are likely to be served concurrently. Elizabeth Holmes, 37, is expected to appeal
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Surekha Gangakhedkar, an ex-Theranos scientist, testified in court on September 17 that Holmes pushed her to validate test results regardless of their accuracy.
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The two sides tried to sway a 12-person jury impaneled to hearing the evidence in a case airing allegations that Holmes used her startup, Theranos, as a scheme to realize her dreams of becoming rich and as famous as one of her role models, late Apple co-founder Steve Jobs.
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If convicted by a jury in a trial that begins Wednesday, Holmes could be sentenced to 20 years in prison — a stunning reversal of fortune for an entrepreneur whose wealth once was pegged at $4.5 billion.
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Elizabeth Holmes’s trial began on September 8 and she was convicted on 4 of the 11 charges on January 3. Here’s what you need to know before following the case
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The cultivated persona and deception of Elizabeth Holmes, whose trial for fraud began on Tuesday, elicits comparisons to psycho-thriller characters and a peculiar mob boss
