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Former Silicon Valley star Elizabeth Holmes sentenced to prison


Failed start-up founder Elizabeth Holmes has been sentenced to more than 11 years in prison for a fraud she committed by tricking investors into the effectiveness of a blood-testing company.

Holmes was sentenced on November 18 by Judge Edward J. Davila of the United States District Court to 135 months in prison, plus 3 years of supervised release.

The former businessman, who raised $945 million for Theranos, must surrender by April 27, 2023.

She plans to appeal.

She was convicted in January after defrauding investors for several years, claiming that the company could detect a variety of diseases from just a few drops of blood. Holmes was found guilty of four of the 11 counts of fraud and conspiracy.

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