SAN JOSE, Calif. (Reuters) – A court in the U.S. state of California on Monday found Theranos founder Elizabeth Holmes guilty of conspiracy to defraud investors for lying between 2010 and 2015 about the reliability of the technology of blood tests developed by the startup.
Elizabeth Holmes, 37, was also acquitted of three of the eleven charges against her for conspiracy to defraud patients who paid for blood tests.
The one who had become a figure of Silicon Valley after founding Theranos in 2003 faces a sentence of up to 80 years in prison. No date has been set immediately for the issuance of the sentence.
Wealthy private investors, including newspaper mogul Rupert Murdoch, invested millions of dollars in the startup after meeting Elizabeth Holmes, who ensured that the machines her company developed allowed for a range of tests to be carried out by taking a few drops. blood on a finger.
According to prosecutors, Theranos actually depended on conventional machines produced by Siemens to perform blood tests.
Theranos’ downfall began after the Wall Street Journal published articles reporting manufacturing flaws and inaccuracies in the machines the startup developed.
(Report Jane Lanhee Lee in San José and Jody Godoy in New York, with Jonathan Stempel and Ann Saphir; French version Jean Terzian)
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