{"id":330817,"date":"2022-11-18T22:15:09","date_gmt":"2022-11-18T22:15:09","guid":{"rendered":"https:\/\/omni48.com\/?p=330817"},"modified":"2022-11-28T22:34:49","modified_gmt":"2022-11-28T22:34:49","slug":"elizabeth-holmes-sentenced-to-more-than-11-years-in-prison-for-theranos-fraud","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/elizabeth-holmes-sentenced-to-more-than-11-years-in-prison-for-theranos-fraud","title":{"rendered":"Elizabeth Holmes Sentenced to More Than 11 Years in Prison for Theranos Fraud"},"content":{"rendered":"<p>Elizabeth Holmes , the founder and former CEO of the doomed medical startup firm Theranos , has been sentenced to 11.25 years in prison for her role in defrauding investors and consumers about the potential of her company&#8217;s blood-testing device. Holmes&#8217; sentence will be followed by three years of supervised release. She will be required to self-surrender at a later date, according to NBC. U.S. District Court Judge Edward Davila announced the sentencing Friday after a hearing that lasted over four hours. As sentencing her to 11 years and three months in prison, Holmes tearfully hugged her family as the court fell silent. Davila presided over the Holmes trial in federal court in San Jose last fall and winter, which concluded Jan. 3 with the jury convicting Holmes on four counts of fraud. Holmes, who is currently pregnant with her second child, had been facing as much as 20 years in prison for wire fraud related to her prodigious fundraising<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elizabeth Holmes, the founder and former CEO of the doomed medical startup firm Theranos, has been sentenced to 11.25 years in prison for her role in defrauding investors and consumers<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,10],"tags":[],"class_list":["post-330817","post","type-post","status-publish","format-standard","hentry","category-news","category-public-safety"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/330817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=330817"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/330817\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=330817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=330817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=330817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}