Elizabeth Holmes found guilty on 4 counts of defrauding Theranos investors
Alexis Keenan
Alexis Keenan·Reporter
Mon, January 3, 2022, 6:26 PM
https://www.yahoo.com/finance/news/elizabeth-holmes-theranos-verdict-002652679.html
On 11 separate felony counts, each carrying a maximum penalty of 20 years in prison, the jury found Holmes guilty on 3 of 9 counts of wire fraud and 1 of 2 counts of conspiracy to commit wire fraud.
Federal Judge Edward Davila will hand down a sentence at a later date. Under California law, felony convictions must be scheduled for sentencing within 20 days of a guilty verdict, though exceptions to that rule can apply.