“Elizabeth Holmes was convicted Monday of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood…
“A jury convicted Holmes, who was CEO throughout the company’s turbulent 15-year history, on three counts of wire fraud and one counts of conspiracy to commit fraud after seven days of deliberation. The 37-year-old was acquitted on four other counts of fraud and conspiracy that alleged she deceived patients who paid for Theranos blood tests, too.” (AP News)
There’s widespread agreement that Holmes is culpable.
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