The guilty verdicts against Elizabeth Holmes mean the Theranos founder could be going to prison for years. Wire fraud against Theranos paying patients: wire transfer of $1,126,661 used to purchase advertisements for Theranos Wellness Centers: Not guilty Wire fraud against Theranos paying patients: wire transmission of patient M.E.’s blood-test results: Not guiltyġ2. Wire fraud against Theranos paying patients: wire transmission of patient E.T.’s blood-test results: Not guiltyġ1. Prosecutors dropped this count in November, after making an error that put the count in peril.ġ0. Wire fraud against Theranos investors: wire transfer of $5,999,997 from Mosley Family Holdings LLC: Guiltyĩ. Wire fraud against Theranos investors: wire transfer of $99,999,984 from Lakeshore Capital Management LP: GuiltyĨ. Wire fraud against Theranos investors: wire transfer of $38,336,632 from PFM Healthcare Master Fund: Guiltyħ. Wire fraud against Theranos investors: wire transfer of $4,875,000 from Hall Phoenix Inwood Ltd.: No verdictĦ. Wire fraud against Theranos investors: wire transfer of $5,349,900 from Black Diamond Ventures: No verdictĥ. Wire fraud against Theranos investors: wire transfer of $99,990 from Alan Jay Eisenman: No verdictĤ. Conspiracy to commit wire fraud against Theranos paying patients: Not guiltyģ.
Conspiracy to commit wire fraud against Theranos investors: GuiltyĢ.
Here are the counts and the jury's verdict.ġ.
Each count carries a maximum prison sentence of 20 years. Holmes guilty on four of 11 counts of wire fraud or conspiracy to commit wire fraud. Instead, prosecutors alleged, the company’s proprietary technology was faulty and Theranos hid that it used commercial devices for most of its tests. Elizabeth Holmes was accused of intentionally deceiving patients and investors about the capabilities of her blood-testing startup Theranos Inc., which promised to revolutionize healthcare by using just a few drops of blood from a finger prick to test for a wide range of health conditions.
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