04.01.2022 01:27 Uhr, Quelle: Engadget

Theranos founder Elizabeth Holmes is found guilty of defrauding investors

Elizabeth Homes, the former CEO and founder of Theranos, has been found guilty on charges of wire fraud and conspiracy to commit wire fraud. Holmes faces up to 20 years in prison for defrauding investors in her blood testing startup. The verdict comes after a months-long trial, and more than three years after she was first charged and forced to step down as CEO in 2018.During the trial, Holmes’ lawyers tried to portray her as a young and inexperienced entrepreneur. “Elizabeth Holmes worked herself to the bone for 15 years trying to make lab testing more affordable,” one of Holmes’ attorneys said in opening arguments. “She failed … but failure is not a crime.”Holmes, who testified during the trial, said she hadn’t intended to mislead the public or investors, and had been advised to protect the company’s “trade secrets.” As The New York Times pointed out, she “spent much of her testimony arguing that others at Theranos were responsible for

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