Business
The Wall Street Journal - Elizabeth Holmes, the Theranos founder convicted of fraud, was sentenced t
Elizabeth Holmes, the Theranos founder convicted of fraud, was sentenced to 135 months, or 11.25 years, in prison, capping the extraordinary downfall of a one-time Silicon Valley wunderkind.U.S. District Judge Edward Davila, who oversaw the monthslong trial in which Holmes was convicted of running a yearslong fraud scheme at her blood-testing company, delivered the sentence Friday in federal court.A jury convicted Holmes in January on four charges that she misrepresented the startup’s technology, finances and business prospects to investors.Holmes had sought home confinement and community service, and no more than 18 months in prison. Her lawyers, in their request for leniency, positioned the 38-year-old as a caring friend and loving mother with a toddler at home and a second child on the way, whose incarceration would only prove detrimental to her family and community.Follow live coverage at the link in our bio.Photo: Justin Sullivan/Getty Images
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