Elizabeth Holmes sentenced to more than 11 years in prison for Theranos fraud

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Euronews (English)

American tech entrepreneur Elizabeth Holmes was sentenced to 11 years and three months in prison for defrauding investors in her now-defunct blood-testing startup Theranos, that was once valued at $9 billion (€9 billion). In California on Friday, a federal judge sentenced Holmes, 38, on three counts of investor fraud and one count of conspiracy after a jury convicted her last January following a trial spanning three months. The prosecution had recommended a sentence of 15 years in prison, while the defense had urged the judge to impose no prison time. Holmes, dressed in a dark blouse and black…

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