\nShe was charged with conspiracy to commit wire fraud and a number of counts of wire fraud for deceiving traders, sufferers and advertisers … all seeking cash and fame. She was discovered not responsible on 4 counts … the jury could not attain a verdict on 3 of the counts.<\/p>\n<\/section>\n
<\/p>\n\n<\/section>\n<\/p>\n\nDuring the trial, Holmes testified that she had good intentions and put her belief within the scientists behind the start-up firm. It was additionally revealed throughout sentencing she’s pregnant along with her second baby … she additionally addressed the courtroom, getting emotional and took duty for Theranos — apologizing to traders.<\/p>\n<\/section>\n
<\/p>\n\nHolmes additionally recited a quote from the poet Rumi<\/strong>, saying, “Yesterday I attempted to alter the world. Today I’m sensible, and need to change myself.”<\/p>\n<\/section>\n<\/p>\n\nThe billion-dollar firm promised it may carry out cheaper and simpler blood testing, nevertheless it was later revealed its gadgets may solely efficiently full 12 assessments … as a substitute of Elizabeth’s declare of 1,000. The firm shut down 3 years later.<\/p>\n<\/section>\n
<\/p>\n\n<\/section>\n<\/p>\n\nThere’s been a documentary, a best-selling e book, a podcast and a drama collection — “The Dropout” — all centered across the firm’s downfall.<\/p>\n<\/section>\n
<\/p>\n\nShe began the corporate when she was 19 … again in 2003.<\/p>\n<\/section>\n
<\/p><\/div>\n
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[ad_1] Elizabeth Holmes has been sentenced to 11 years behind bars in her fraud trial. The founding father of the failed blood-testing start-up, Theranos, was sentenced on Friday by a decide in a federal courtroom in San Jose, California. She was given 11.25 years behind bars and three years of supervised launch. The sentence will […]<\/p>\n","protected":false},"author":1,"featured_media":20138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-20136","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entertainment"},"_links":{"self":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/20136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=20136"}],"version-history":[{"count":0,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/20136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media\/20138"}],"wp:attachment":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=20136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=20136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=20136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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