Holmes was the subject of the Hulu miniseries The Dropout, numerous podcasts, and the book Bad Blood
Elizabeth Holmes, the disgraced founder of the blood-testing company Theranos, turned herself in to Texas prison officials on Tuesday to begin her sentence., with photos of her at a Federal Prison Camp in Bryan, Texas emerged.The former biotech entrepreneur was ordered to begin her sentence on May 30 after a court denied her latest request to remain free while appealing her fraud conviction for defrauding investors.
Holmes and partner Billy Evans, heir to the Evans Hotels, welcomed their second child, a daughter, in April, already parents to a son born in July 2021. Their daughter was conceived mere months after a jury convicted Holmes of fraud.Founded in 2003, Holmes and Balwani promised the implementation of a technology that would revolutionize healthcare with its ability to scan for diseases and other health ailments with just a few drops of blood.
The company immediately skyrocketed to become a Silicon Valley juggernaut, with Holmes becoming one of the most prominent names on the scene and possessing a net worth of nearly $4.5 billion according to© Getty ImagesHowever, it all came crashing down when a series ofarticles exposed serious flaws in their system and tech, with the U.S. Justice Department charging both Holmes and Balwani with a series of crimes.
After she was sentenced, she and Balwani were both fined $452 million to be paid to victims of the fraud. The latter was sentenced to 12 years and 11 months in prison, plus three years of probation, and turned himself in this April.Bad Blood: Secrets and Lies in a Silicon ValleyIn the midst of litigation, the case received renewed attention last year thanks to the Hulu miniseriesThe show starred
as the disgraced founder, receiving critical acclaim and winning the actress her first Golden Globe and Primetime Emmy.
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