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AP Former Theranos CEO Elizabeth Holmes was convicted on four counts of fraud and conspiracy Monday ending a lengthy trial that has captivated Silicon Valley. Holmes founded Theranos in 2003 as a 19-year-old Stanford dropout.
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At its height privately held Theranos was valued at 9 billion with half of that paper wealth belonging to Holmes who dropped out of Stanford University in 2003 to.
. Elizabeth Holmes tells the jury that at least some of Theranos was real So far Elizabeth Holmes defense has been at pains to show us that Theranos had a real device and worked with real. Fallen entrepreneur Elizabeth Holmes has finished her attempt to persuade a jury that she suffered lapses in business judgment but never engaged in fraud while running blood-testing startup. She raised 945 million from investors and was crowned the worlds youngest billionaire but has been accused of lying about how.
Theranos and its founder charged with massive fraud Mar 14 2018 A US. SAN JOSE Calif. Jury on Monday found Theranos founder Elizabeth Holmes guilty of conspiring to defraud investors in the blood.
Theranos founder Elizabeth Holmes testified on Monday she was abused by her former romantic partner and Theranos executive Ramesh Sunny Balwani and that the relationship had a pervasive impact on. The studies conducted with several major pharmaceutical companies from 2008 to 2010 showed the third generation of a Theranos device known as the Edison was delivering mostly encouraging results. She has never previously.
Media tycoon Rupert Murdoch lost 120m he had invested in Theranos Ms Holmes now 37 faces up to 20 years in prison if found guilty of the 12 charges of fraud against her.
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