Here’s how Elizabeth Holmes, the 39-year-old founder of failed blood-testing company Theranos, went from a billionaire to a minimum-security federal prison camp.
, went from a billionaire in Silicon Valley to a Bryan, Texas, minimum-security federal prison camp, where she will report Tuesday at 2 p.m. to begin her 11-year sentence.... [+]
revealed the company relied on other blood machines instead of their own device, known as the Edison, and when their machines were in use, patients were receiving inaccurate diagnoses., prompting the closure of 40 Theranos Wellness Centers at Walgreens across Arizona, and Theranos swiftly came under investigation by the Securities and Exchange Commission, the Food and Drug Administration, the Centers for Medicare and Medicaid, Pennsylvania Department of Health and Arizona Department of Health.
Holmes’ defense placed the blame on others for the company’s failure, including Balwani, Theranos’ former COO, also contending he was emotionally and sexually abusive during their relationship.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elizabeth Holmes' prison life a drastic lifestyle shift from TheranosElizabeth Holmes reports to prison in a day. It'll be a drastic change from her life of luxury as a onetime billionaire.
Read more »
Disgraced Theranos founder Elizabeth Holmes heads to prison for fraudConvicted Silicon Valley fraudster Elizabeth Holmes is scheduled to report to a federal prison in Texas on Tuesday to begin her more than 11-year sentence.
Read more »
Former Theranos CEO Elizabeth Holmes to surrender to federal prison in Texas TuesdayElizabeth Holmes is set to surrender to federal prison in Bryan, Texas on Tuesday to begin serving her sentence.
Read more »
Inmates hope to befriend Theranos founder Elizabeth Holmes ahead of her arrival at Texas prisonInmates at Federal Prison Camp, Bryan in Texas are awaiting Theranos founder Elizabeth Holmes to surrender herself Tuesday and join them for her 11-year sentence.
Read more »
Theranos founder Elizabeth Holmes to begin 11-year sentenceTheranos founder, Elizabeth Holmes, will report to a federal prison in Texas on Tuesday morning.
Read more »
Theranos Founder Elizabeth Holmes to Surrender to Federal PrisonDisgraced Theranos founder Elizabeth Holmes is expected to surrender Tuesday to federal prison authorities nearly two years after her trial started.
Read more »