Elizabeth Holmes found guilty of fraud
In California, the founder of Theranos corporation, former billionaire Elizabeth Holmes was found guilty of fraud.
A total of 11 charges were brought against her, of which she was acquitted of four.
A jury found the woman guilty of conspiracy to commit fraud using electronic means and on three counts of fraud against investors.
The verdict will be issued at a later date. Holmes can face up to 20 years in prison. The trial with dozens of witnesses lasted three months.
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Elizabeth
Elizabeth Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Quebec Telegram, Elizabeth Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my stone@qtelegram.com 1-800-268-7116