Elizabeth Holmes to be sentenced in Theranos fraud trial

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Elizabeth Holmes to be sentenced in Theranos fraud trial
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Fallen US biotech star Elizabeth Holmes faces sentencing after being found guilty of defrauding investors and endangering patients in a case that became an indictment of Silicon Valley.

Holmes was convicted on four counts in January for persuading investors over 15 years that she had developed a revolutionary medical device before the company flamed out after an investigation by The Wall Street Journal.

Holmes became a star of Silicon Valley when she said her now defunct start-up was perfecting an easy-to-use test kit that could carry out a wide range of medical diagnostics with just a few drops of blood. Her claims helped Theranos raise nearly one billion dollars without ever achieving meaningful revenue.

Holmes will appear Friday in front of the same judge who presided over her long trial in a US court in the Silicon Valley city of San Jose, California.Lawyers for Holmes, 38, have asked for leniency, presenting her as a devoted friend who cares for a young child and has a second child on the way.This has been backed up by 140 letters of support filed to the court, including from her family, friends and a US senator.

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