Theranos

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After Elizabeth Holmes lost her last-ditch effort to overturn her 2022 fraud conviction by a federal appeals court on Monday, Feb. 24, the former Theranos founder responded to the decision from behind bars.

“I am more determined than ever to fight for my freedom," Holmes says, writing via email from a federal prison in Texas. "And I know that when the truth finally comes out I will be proven innocent."

BRYAN, Texas (AP) — Theranos founder Elizabeth Holmes entered Texas prison where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley. Holmes, 39, on Tuesday entered a federal women’s prison camp located in Bryan, Texas — where the federal judge who sentenced Holmes in November recommended she be incarcerated. The minimum-security facility is about 95 miles northwest of Houston, where Holmes grew up aspiring to become a technology visionary along the lines of Apple AAPL, co-founder...

Holmes, 39, was found guilty in January 2022 and was sentenced in November to 135 months in federal prison on four counts of investor fraud and conspiracy. She was ordered to surrender to federal custody on April 27, but it was delayed while the court ruled on her appeal. Holmes was first indicted in 2018, but her trial saw numerous delays due to the COVID pandemic and her first pregnancy. Since her arrest, Holmes has had two children with her partner William “Billy” Evans — William, almost 2, and 4-month-old...

Disgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home – a federal prison in Texas where she has been sentenced to spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley. The federal judge who sentenced Holmes, 39, in November recommended that she be incarcerated in a women’s prison camp in Bryan, about 100 miles from Houston, where she grew up aspiring to become a technology visionary along the lines of Apple co-founder Steve Jobs....

Elizabeth Holmes, the founder of blood lab Theranos who became the face of Silicon Valley duplicity after her company collapsed amid fraud claims, is scheduled to report to prison Tuesday to begin her sentence of more than 11 years. Holmes was found guilty in January 2022 of four counts of wire fraud. Her conviction was the culmination of a saga that began in 2003, when she dropped out of Stanford University at age 19 to start a company whose technology she hoped could diagnose a multitude of conditions with just...

Theranos founder Elizabeth Holmes is expected to report to prison on Tuesday to start her 11-year sentence for defrauding investors, marking a closing chapter in the downfall of one of Silicon Valley’s most prominent entrepreneurs after revelations about the company’s unreliable blood-testing technology. Since The Wall Street Journal began publishing its findings about Theranos in 2015, Holmes has been convicted of wire fraud and conspiracy to commit wire fraud in federal court and settled separate civil securities-fraud charges brought by the Securities and Exchange Commission.

Former Theranos CEO Elizabeth Holmes walking back to her hotel following a March court hearing in San Jose, California. Photo: Philip Pacheco/Getty Images Theranos founder Elizabeth Holmes must begin serving her prison sentence by May 30 while she appeals her conviction on charges of defrauding investors in her failed blood-testing startup, a federal judge ruled Wednesday. Driving the news: U.S. District Court Judge Edward Davila issued the order after the United States Court of Appeals for the Ninth Circuit on Tuesday rejected Holmes' request to remain on bail as she...

A court has ruled that disgraced Theranos founder Elizabeth Holmes must report to prison while she appeals against her fraud conviction.

Holmes, 39, had asked a judge to remain free while she fought against her jail sentence for a blood-testing hoax.

She was sentenced to over 11 years in prison after a jury last year found her guilty of defrauding investors.

In a separate ruling, US District Judge Edward Davila also ordered Holmes to pay $452m (ÂŁ363.8m) to victims.

Elizabeth Holmes was sentenced to more than 11 years in prison on Friday following her conviction in January for defrauding investors while running the failed blood testing startup Theranos.

Judge Edward Davila imposed a sentence of 11 years and three months in prison, with another three years of supervision after Holmes is released. The sentence also includes a fine of $400, or $100 for each count of fraud. Restitution will be set at a later date. Holmes was ordered to turn herself into custody on April 27, 2023. She is expected to appeal her conviction.