Elizabeth Holmes convicted of fraud over 'blood-testing' start-up Theranos
Billionaires and other investors were duped into backing a seemingly revolutionary company whose medical technology never worked as promised.
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Billionaires and other investors were duped into backing a seemingly revolutionary company whose medical technology never worked as promised.
The jury has reached a verdict in Elizabeth Holmes' trial for fraud and conspiracy.
The jury weighed fraud charges against former Theranos CEO Elizabeth Holmes, and on Monday, informed the judge they were deadlocked on three of them.
Elizabeth Holmes was convicted Monday of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood.
Billionaires and other investors were duped into backing a seemingly revolutionary company whose medical technology never worked as promised.