
Update: Theranos CEO Elizabeth Holmes begins 11-year prison sentence
Disgraced Theranos founder Elizabeth Holmes has reported to the federal prison where she will serve an 11-year sentence. Holmes, 39, was convicted early last year on four counts of fraud linked to her failed blood testing start-up. In mid-May, a court rejected her request to remain free on bail while a challenge to the original conviction was considered. She will serve her term in a minimum-security prison in Texas. Holmes reported to the federal facility in Bryan, Texas, which holds between 500 and 700 inmates at any given time, on Tuesday. It is about 100 miles (160km) north of Houston, … Continue reading Update: Theranos CEO Elizabeth Holmes begins 11-year prison sentence