Elizabeth Holmes Sentenced to 11 Years for Theranos Fraud (3)

Nov. 19, 2022, 12:27 AM UTC

Elizabeth Holmes was ordered to spend more than 11 years in prison for fraudulently building her blood-testing startup Theranos Inc. into a $9 billion company that collapsed in scandal.

The sentence imposed Friday by US District Judge Edward Davila in San Jose, California, is far closer to the 15-year term prosecutors asked for than what Holmes’s lawyers sought -- home detention or 18 months in prison at most.

The sentencing caps a years-long saga that has riveted Silicon Valley, inspiring books, TV documentaries, podcasts and films about the Stanford University dropout who became a celebrity entrepreneur, only to see her ...

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