Theranos CEO gets prison term

Disgraced CEO Elizabeth Holmes was sentenced to more than 11 years in prison for duping investors in a failed health startup.

By

National News

November 21, 2022 - 1:26 PM

Former Theranos CEO Elizabeth Holmes arrives at federal court on Oct. 17, 2022, in San Jose, California. (Justin Sullivan/Getty Images/TNS)

SAN JOSE, Calif. (AP) — Disgraced Theranos CEO Elizabeth Holmes was sentenced Friday to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit.

The sentence imposed by U.S. District Judge Edward Davila was shorter than the 15-year penalty requested by federal prosecutors but far tougher than the leniency her legal team sought for the mother of a year-old son with another child on the way.

Holmes, 38, faced a maximum of 20 years in prison. Her legal team requested no more than 18 months, preferably served in home confinement.

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