November 18, 2022 11:50 pm

Theranos Founder, CEO Sentences to More Than 11 Years in Prison for Fraud

Theranos founder and CEO Elizabeth Holmes was sentenced to more than 11 years in prison Friday. Holmes, who defrauded very wealthy and famous investors out of hundreds of millions of dollars in a bogus blood testing startup, apologized to her family and investors in court. Thom Jensen reports.

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