Theranos Trial | Elizabeth Holmes found Guilty of Fraud
Jurors found Holmes guilty of conspiracy to commit fraud against investors and three charges of wire fraud.
2022-01-07 20:00:00 - ColdFusion
Theranos founder Elizabeth Holmes has been convicted of defrauding investors after a months-long landmark trial in California.
Jurors found Holmes guilty of conspiracy to commit fraud against investors and three charges of wire fraud. She denied the charges, which carry a maximum prison term of 20 years each.
Holmes was not taken into custody, with no date confirmed yet for sentencing and a further hearing scheduled next week.