Disgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home —-a federal prison 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
Disgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home — a federal prison 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.
Holmes has been free on bail since then, most recently living in the San Diego area with the children’s father, William “Billy” Evans. The couple met in 2017 around the same time Holmes was under investigation for the collapse of Theranos, a startup she founded after dropping out of Stanford University when she was just 19.
The hype surrounding that purported breakthrough helped Theranos raise nearly $1 billion from enthralled investors, assemble an influential board of directors that include former Presidential cabinet members George Shultz, Henry Kissinger and James Mattis and turned Holmes into a Silicon Valley sensation with a fortune valued at $4.5 billion on paper in 2014.
Balwani, 57, was convicted on 12 felony counts of fraud and conspiracy in a trial that began two months after Holmes’ ended. He is currently serving a nearly 13-year sentence in a Southern California prison. Federal Prison Camp Bryan, a minimum-security prison camp located about 95 miles northwest of Houston, encompasses about 37 acres of land and houses about 650 women — including “Real Housewives of Salt Lake City” star Jennifer Shah, who was sentenced earlier this year to 6 1/2 years in prison for defrauding thousands of people in a yearslong telemarketing scam.
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Disgraced Theranos founder Elizabeth Holmes heads to prison for fraudConvicted Silicon Valley fraudster Elizabeth Holmes is scheduled to report to a federal prison in Texas on Tuesday to begin her more than 11-year sentence.
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Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison 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.
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Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison 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.
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Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison 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.
Leer más »
Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison 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.
Leer más »
Disgraced Theranos CEO Elizabeth Holmes set to report to Texas prisonDisgraced Theranos CEO Elizabeth Holmes is scheduled to move to her new home --a federal prison 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.
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