Disgraced Theranos founder Elizabeth Holmes begins 11-year prison sentence.

1 min read
Source: NBC News
Disgraced Theranos founder Elizabeth Holmes begins 11-year prison sentence.
Photo: NBC News
TL;DR Summary

Elizabeth Holmes, founder of blood lab Theranos, is set to begin her 11-year prison sentence after being found guilty of four counts of wire fraud. Holmes dropped out of Stanford University at age 19 to start a company whose technology she hoped could diagnose a multitude of conditions with just a pinprick of blood. However, reports led by then-Wall Street Journal journalist John Carreyrou revealed that the company's technology did not work as claimed and could deliver faulty results. Holmes' defense largely consisted of claims that she was under the control of her former partner, Ramesh "Sunny" Balwani, an argument Balwani subsequently denied.

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