Former Theranos CEO Elizabeth Holmes will be hanging out behind bars.
The 38- year-old– who was represented by Amanda Seyfried in Hulu’s The Dropout, a television series recording the failure of the business owner’s health innovation business– was sentenced to 11.25 years in jail and 3 years of monitored release after she was condemned on 4 fraud-related charges, according to NBCNews The judgment was given onNov 18, in addition to orders for her to give up to authorities on April 27, 2023.
The sentencing was at first arranged for October, however was pressed back after Holmes’ legal group stated a witness who affirmed in the four-month trial visited her house to reveal remorse, according to CNN.
During the trial, district attorneys implicated Holmes of defrauding financiers, physicians and clients with her service, which supposed to have actually established a blood-testing technique that gets quick and precise outcomes by simply utilizing a percentage of sample collected through a finger prick.
