Posted in: Tattle, Technology

Holmes verdict an indictment of Silicon Valley’s ‘fake it till you make it’ ethos

Analysis: Experts say guilty verdict will probably land Theranos founder in prison and resonate throughout industry

  • Theranos trial: five key moments

Elizabeth Holmes, founder of the blood testing company Theranos, has been found guilty on four charges of fraud – a verdict that will probably land her in prison and have major implications for Silicon Valley.

Holmes was acquitted on three charges relating to patients who received inaccurate test results but found guilty on four charges, including one count of conspiracy to defraud investors and three counts of wire fraud against investors. The jury remained deadlocked on three of the charges.

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