The blood-testing firm’s fraud saga will see its end when Holmes, who has been ordered to report to prison camp, turns herself in
Holmes had been out on bail since she was indicted on fraud charges in 2018 over her role as the head of the failed blood-testing firm. She was convicted in November 2022 on four counts of defrauding investors and sentenced to 11 years and three months in prison.
Holmes reportedly spent her final days of freedom with her partner, Billy Evans, and their two children. Her trial was originally delayed as she gave birth to her first child in July 2021 and she appeared at her sentencing hearing in November pregnant with her second child, who was born in March. Theranos was valued at more than $10bn at its peak in 2014, until reporting in the Wall Street Journal in 2015 revealed shortcomings in the company’s core technology – leading the institution to quickly unravel. By 2018, Theranos had dissolved.
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