Elizabeth Holmes Begins Prison Sentence in Texas.
TL;DR Summary
Elizabeth Holmes, founder and former CEO of Theranos, is set to report to prison on Tuesday to begin her 11-year sentence for defrauding investors about the capabilities of her company's blood-testing technology. Holmes was convicted on four counts of defrauding investors in Theranos, which was once valued at over $9 billion. She and former executive Ramesh "Sunny" Balwani were also ordered to pay $452 million in restitution to victims.
- Theranos founder Elizabeth Holmes set to report to prison Tuesday CNBC
- Elizabeth Holmes set to report to prison CNN
- Elizabeth Holmes' prison life a drastic lifestyle shift from Theranos Business Insider
- Elizabeth Holmes to begin life behind bars Good Morning America
- Inmates hope to befriend Theranos founder Elizabeth Holmes ahead of her arrival at Texas prison Fox News
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