Elizabeth Holmes, the founder of the blood testing startup Theranos, has been sentenced to 11 and a quarter years in prison following her conviction on four counts of criminal fraud. The verdict comes after a jury found her guilty of defrauding investors, marking a significant fall from grace for the former Silicon Valley executive. The sentence issued by the judge was a middle ground between the nine years proposed by a probation officer and the 15 years sought by the government. The defense highlighted Holmes’s role as a mother and her pending second pregnancy in their plea for leniency, but ultimately, the judge set her surrender date to April 27 of the following year.
- Elizabeth Holmes was sentenced to 11.25 years in prison for four counts of criminal fraud.
- The sentence was a compromise between the nine years suggested by a probation officer and the 15 years recommended by prosecutors.
- The jury found Holmes guilty of defrauding investors in her company, Theranos.
- Throughout the trial, Holmes was portrayed as unremorseful and even attempted to position herself as a victim.
- The defense attempted to humanize Holmes by emphasizing her role as a mother of a toddler and her current pregnancy, supported by over 140 letters from supporters and a personal photo collage.
- Her partner, Billy Evans, made efforts to protect their child’s privacy by redacting the child’s face in submitted photographs.
- Elizabeth Holmes is set to surrender to prison on April 27 of the following year.
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