Experts say the fraud charges could open up tech industry to further scrutiny, making startups tread more carefully
Theranos founder Elizabeth Holmes was found guilty on Monday of fraud, concluding a high-profile trial that captivated Silicon Valley and chronicled the missteps of the now-defunct blood testing startup.
After seven days of deliberation, the jury in San Jose, California, convicted Holmes on four charges: one count of conspiracy to defraud investors, and three counts of wire fraud against investors. It acquitted her on three charges, including one conspiracy to defraud patients and two charges related to patients who received inaccurate test results. It remained deadlocked on three remaining charges.
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Experts say the fraud charges could open up tech industry to further scrutiny, making startups tread more carefully
Theranos founder Elizabeth Holmes was found guilty on Monday of fraud, concluding a high-profile trial that captivated Silicon Valley and chronicled the missteps of the now-defunct blood testing startup.
After seven days of deliberation, the jury in San Jose, California, convicted Holmes on four charges: one count of conspiracy to defraud investors, and three counts of wire fraud against investors. It acquitted her on three charges, including one conspiracy to defraud patients and two charges related to patients who received inaccurate test results. It remained deadlocked on three remaining charges. Continue reading…Technology | The Guardian