ResolvedPriorityCriminal · Fraud conviction· N.D. Cal. (San Jose)
United States v. Elizabeth Holmes — Theranos (2020)
The Theranos founder was tried on wire-fraud charges over the company's blood-testing claims and convicted on four counts in January 2022. She began an 11-year sentence in 2023.
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Source: Vermilion ledger illustration
Timeline
- 2021
Trial opens in San Jose after pandemic delays.
- 2022
The jury convicts on four counts of defrauding investors.
- 2022
Former president Ramesh 'Sunny' Balwani is convicted on twelve counts in a separate trial.
- 2023
Holmes reports to federal prison; restitution is ordered.
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