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Theranos’s Holmes found guilty on four counts in fraud trial

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A United States jury found Theranos founder Elizabeth Holmes guilty of conspiring to defraud investors in the blood-testing startup. Holmes was convicted Monday on four of 11 counts.
She was acquitted on four counts, and the jury could not reach a decision on three counts.
Prosecutors said Holmes, 37, swindled private investors between 2010 and 2015 by convincing them that Theranos’s small machines could run a range of tests with a few drops of blood from a finger prick.
Holmes was also charged with misleading patients about the tests’ accuracy.
Holmes rose to Silicon Valley fame after founding Theranos in 2003.

Al Jazeera’s Rob Reynolds reports from Los Angeles.

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Category
World
Tags
Elizabeth Holmes, Elizabeth Holmes found guilty of fraud, Elizabeth Holmes trial
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