Elizabeth Holmes - report

American criminal and former businesswoman (born 1984)

Elizabeth Anne Holmes is an American former biotechnology entrepreneur who, in 2022, was convicted of fraud in connection to her blood-testing company, Theranos. The company's valuation soared after it claimed to have revolutionized blood testing by developing methods that needed only very small volumes of blood, such as from a fingerprick. In 2015, Forbes had named Holmes the youngest and wealthiest self-made female billionaire in the United States on the basis of a $9-billion valuation of her company. In the following year, as revelations of potential fraud about Theranos's claims began to surface, Forbes revised its estimate of Holmes's net worth to zero, and Fortune named her in its feature article on "The World's 19 Most Disappointing Leaders".

Source: https://en.wikipedia.org/wiki/Elizabeth_Holmes

2021 2022 2024

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Significant news events for Elizabeth Holmes

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Holmes, 39, will serve 135 months in jail after a court rejected her bid to stay out of prison while appealing the ruling. She will serve her sentence at an all-female minimum security prison camp in Bryan, Texas. Holmes was once hailed as the world's youngest self-made female billionaire with a net worth of $4.5 billion.
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Court denies Elizabeth Holmes' request to remain free while appealing conviction. A judge will now set a new date for Holmes, 39, to leave her current home. Holmes was convicted at trial in San Jose, California, last year and sentenced to 11 years and three months in prison.
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Holmes, 39, was convicted last year on four counts of fraud linked to her failed blood testing start up. Earlier this month, she appealed to the court to remain free on bail while a challenge to the original conviction is considered. But this was rejected by US District Judge Edward Davila. Holmes' attorneys appealed that ruling to the 9th Circuit in San Francisco.
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US District Judge Edward Davila concluded there wasn't compelling enough evidence to allow Holmes to remain free on bail. Holmes, 39, will have to surrender to authorities on April 27 to start the more than 11-year prison sentence. Unless she can find a way to stay free, Holmes will be separated from her two children.
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In January, 37-year-old Holmes was convicted in federal court on charges of conspiracy to defraud investors. Holmes booked the flight without a scheduled return trip and only canceled it after prosecutors contacted her attorneys.