A federal jury found Thernaos founder Elizabeth Holmes guilty of fraud on Monday.
Holmes was unanimously found guilty of three counts of wire fraud and one count of conspiracy to commit wire fraud. She was found not guilty of four more charges and the jury could not reach a decision on three additional fraud charges.
She faces up to 20 years in prison for each charge, though it’s likely they would be served concurrently. A sentencing date hasn’t been given and it’s not clear if she will be placed into custody immediately in the meantime. Court watchers have said it’s likely Holmes will appeal.
#ElizabethHolmes #Theranos #Guilty
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