Elizabeth Holmes trial: Split verdict finds Theranos founder guilty of four counts of criminal fraud, not guilty on four other counts

Elizabeth Holmes trial: Split verdict finds Theranos founder guilty of four counts of criminal fraud, not guilty on four other counts

2 years ago
Anonymous $dEyjbtEkMr

https://www.siliconvalley.com/2022/01/03/elizabeth-holmes-trial-split-verdict-finds-theranos-founder-guilty-of-four-counts-of-criminal-fraud-not-guilty-on-four-additional-accounts/

In a stunning climax to Silicon Valley’s most dramatic and closely watched startup crash, Theranos founder Elizabeth Holmes was found guilty Monday of four counts of defrauding investors, each carrying a maximum penalty of 20 years in prison.

The verdict caps a four-month trial in which jurors were presented with a mountain of damning evidence against the failed startup founder, but also heard Holmes’ own side of her story for the first time publicly. The proceedings captivated the nation and drew throngs of early-rising spectators to the federal courthouse in San Jose for a glimpse of the charismatic founder accused of lying to patients and investors in her failed Silicon Valley blood-testing startup.

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