Disgraced Theranos CEO Elizabeth Holmes has reported to a federal prison in Texas — marking the start of her 11-year sentence for overseeing a notorious blood testing hoax.
Dawn breaks at the Federal Prison Camp where Elizabeth Holmes, the former founder and CEO of Theranos, is expected to arrive to begin her 11 year sentence for fraud relating to the defunct company Tuesday, May 30, 2023, in Bryan, Texas. — marking the start of her 11-year sentence for overseeing a notorious blood testing hoax.
Holmes, 39, was convicted of fraud last year for duping investors who contributed hundreds of millions of dollars in the failed Silicon Valley startup.serving a nearly 13-year prison sentence , said Theranos had developed a device that could quickly scan for diseases and other medical conditions with a just few drops of blood. But the technology never worked as advertised — leading to the meteoric downfall of a company that once promised to revolutionize health care.
On Tuesday, Holmes entered a federal women’s prison camp in Bryan, Texas — a minimum-security facility where the federal judge who sentenced Holmes in November recommended she be incarcerated.WHY IS HOLMES BEING INCARCERATED IN BRYAN NOW? Holmes reported to FPC Bryan on Tuesday, the Federal Bureau of Prisons confirmed. The arrival comes more than a year after a jury convicted Holmes on
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Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
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Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Weiterlesen »
Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Weiterlesen »
Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Weiterlesen »
Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Weiterlesen »
Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.
Weiterlesen »