Theranos founder convicted of fraud and conspiracy
The Independent|January 05, 2022
Blood-testing entrepreneur Elizabeth Holmes whose start-up made waves in Silicon Valley is found guilty on four counts
ALEX WOODWARD

A jury has found once-ascendant Silicon Valley star Elizabeth Holmes guilty of defrauding investors in her former blood-testing start-up company Theranos, which promised a revolutionary advancement in healthcare while raising millions of dollars.

Holmes, who founded Theranos in 2003 as a 19-year-old student at Stanford University, faced nine counts of wire fraud and two counts of conspiracy to commit wire fraud.

On Monday, Holmes was found guilty on four counts, including conspiracy against Theranos investors and wire fraud involving Theranos investors. She was found not guilty on four other counts, and jurors did not return a verdict in three other counts.

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