Tag Archives: defrauding

Elizabeth Holmes found guilty on 4 counts of defrauding Theranos investors

Theranos founder Elizabeth Holmes was convicted on three counts of criminal wire fraud and one count of conspiracy to commit wire fraud Monday, with a jury unanimously finding her guilty of illegally fleecing investors out of millions of dollars through her startup blood diagnostics company.  The jury deadlocked on three counts of wire fraud, and she was found not guilty on four counts of defrauding patients. Holmes, 37, turned toward the judge and jurors as the judge’s deputy read the… Source link

Read More »