ABC Newslive Prime, 1/3/21; Seth Auberon, Ashley Wells (eds.), Wisdom Quarterly
Elizabeth Holmes convicted on 4 counts of fraud
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| Risky con-woman convicted of fraud rather than take a plea deal (Vicki Behringer) |
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(MSN, 1/3/21) A jury has convicted Theranos Corporation Founder Elizabeth Holmes on four counts of fraud on their seventh day of deliberations.
She was acquitted on another four, and a mistrial was declared on the remaining three counts.
Holmes was found guilty on one count of conspiracy to commit wire fraud against Theranos investors and three other counts of wire fraud against investors.
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| Elizabeth Holmes walks into federal court in San Jose, CA, Jan. 3, 2022 (AP/Nic Coury). |
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She was acquitted on all four counts of wire fraud against patients. The jury deadlocked on three counts of fraud against investors.
Judge Edward J. Davila, who presided over the trial, is expected to sentence the fallen entrepreneur at a later date. The 37-year-old could face decades behind bars. More + VIDEO
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| A guilty verdict is returned in the Elizabeth Holmes trial Jan. 3, 2022 (© Vicki Behringer). |
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