Theranos CEO Elizabeth Holmes Found Guilty on Some Charges in Fraud Trial – TechMac

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Theranos CEO Elizabeth Holmes Found Guilty on Some Charges in Fraud Trial - E! Online

The decision is in on Elizabeth Holmes’ fraud case.

The Theranos CEO was discovered responsible on 4 counts and never responsible on 4 counts on Monday, Jan. 3.

Holmes is responsible of 1 rely of conspiracy to commit wire fraud and three counts of wire fraud. Every rely of fraud features a most jail sentence of 20 years, in accordance with The New York Occasions, which notes the sentences are “prone to be served concurrently.”

The jury determined Holmes was not responsible of the second rely of conspiracy to commit wire fraud, and so they reached no verdict on three extra counts of wire fraud. She was moreover discovered not responsible on the ultimate three counts within the case.

E! Information has reached out to her lawyer for remark. She had pleaded not responsible on all counts previous to the trial.

Holmes, who dropped out of Stanford in 2004, grew to become a “Tech visionary,” within the phrases of Theranos board member and former U.S. Secretary of State Henry A. Kissinger. He wrote her TIME journal profile in 2015 when she was named one of many outlet’s “100 most influential folks.”

Her blood testing start-up marketed a better finger prick methodology.

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