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Theranos Founder Elizabeth Holmes begins 11-year jail term in US
short by Pragya Swastik / on Tuesday, 30 May, 2023
American former biotechnology entrepreneur Elizabeth Holmes began her 11-year prison sentence in the US on Tuesday for defrauding investors through her now-defunct blood-testing startup Theranos. The former billionaire was sentenced to over 11 years in prison and ordered to pay $452 million to investors. The 39-year-old Stanford dropout will reportedly be lodged in an all-female prison in Texas.
read more at The Independent