Latest Theranos Inc News

Elizabeth Holmes gets more than 11 years for Theranos scam

Nov. 18, 2022 20:58 PM EST

SAN JOSE, Calif. (AP) — Disgraced Theranos CEO Elizabeth Holmes was sentenced Friday to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit. ...

Onetime billionaire Elizabeth Holmes sentenced to 135 months in prison for fraud at her failed startup Theranos

Nov. 18, 2022 17:24 PM EST
SAN JOSE, Calif. (AP) — Onetime billionaire Elizabeth Holmes sentenced to 135 months in prison for fraud at her failed startup Theranos.

Elizabeth Holmes faces judgment day for her Theranos crimes

Nov. 17, 2022 19:55 PM EST

SAN JOSE, Calif. (AP) — A federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology. Holmes’ sentencing in the same San...

Prosecutors push 15-year sentence for Theranos' CEO Holmes

Nov. 12, 2022 16:26 PM EST

Federal prosecutors have asked a judge to sentence disgraced Theranos CE0 Elizabeth Holmes to 15 years in prison, arguing she deserves a lengthy prison term because her massive scheme duped investors out of hundreds of millions of dollars by falsely convincing them her company had developed a...

Elizabeth Holmes asks for leniency for her Theranos crimes

Nov. 11, 2022 15:58 PM EST

Disgraced Theranos CEO Elizabeth Holmes is casting herself as a Silicon Valley scapegoat who overcame an abusive relationship to become a loving mother in an effort to avoid a lengthy prison sentence for duping investors in her failed blood-testing company. In an 82-page document...

Bid for new trial fails, Elizabeth Holmes awaits sentencing

Nov. 08, 2022 08:43 AM EST

SAN JOSE, Calif. (AP) — A federal judge rejected a bid for a new trial for disgraced Theranos CEO Elizabeth Holmes after concluding a key prosecution witness's recent remorseful attempt to contact her wasn't enough to award her another chance to avoid a potential prison sentence for defrauding...

Former partner of Elizabeth Holmes wins delay in sentencing

Nov. 07, 2022 14:17 PM EST

SAN JOSE, Calif. (AP) — A federal judge on Monday granted a three-week delay in the sentencing of Ramesh “Sunny” Balwani, the former lover and accomplice of disgraced Theranos CEO Elizabeth Holmes, to give probation officers more time to recommend his punishment for engineering a scam tied to...