Theranos founder Elizabeth Holmes gets 11-year prison time for fraud

Elizabeth Holmes, the former youngest self-made female billionaire, was sentenced to 11.25 years in prison along with three years of supervised release ten months after she was found guilty of fraud.

She was found guilty on four of 11 counts at her trial of scamming investors, but not of deceiving patients. Holmes could have received a sentence of up to 20 years in jail.


Download NBW: Short news app created for busy professionals like you

Get NBW App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !

Download NBW App (Android, iOS)

Sign Up for NextBigWhat Newsletter