Elizabeth Holmes sentenced to 11 years in prison for her Theranos fraud
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Elizabeth Holmes’s bid for a retrial has been denied.
As reported by the Wall Street Journal and New York Times, the Theranos co-founder’s sentencing is now scheduled for November 18th.
Holmes was found guilty on three counts of wire fraud, and one count of conspiracy to commit fraud. Each count carries a maximum sentence of up to 20 years in prison.
Elizabeth Holmes found guilty of defrauding investors
Nicole Wetsman and Elizabeth Lopatto
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