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Elizabeth Holmes, An American ‘Scientific Genius’ Sentenced To 11 Years In Prison For Fraud

The founder of the blood-testing startup Theranos, Elizabeth Holmes, has been sentenced to over 11 years in prison, after being found guilty of defrauding investors of hundreds of millions of dollars.

According to BBC, Holmes was jailed on Friday, 18th November, having been found guilty in January after a three-month trial. The pregnant 38-year-old made a bogus claim that the technology allowed for disease diagnosis with only a few drops of blood.

In a case that US District Judge Edward Davila described as “troubling on so many levels,” Holmes, once considered a genius in Silicon Valley, was given the order to start her prison term on April 27, 2023.

Before Davila handed down his sentence, Holmes stood up and addressed the judge directly.

“Looking back, there are so many things I would do differently if I had the chance. I regret my failings with every cell of my body,” Holmes said.

However, Holmes is expected to appeal the sentence because her lawyers had hoped for a short prison sentence or even home confinement. She is expected to report to prison in five months and after her release, she is to spend three years under supervision.

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