Elizabeth Holmes convicted of fraud but acquitted on other charges
The jury said earlier they were deadlocked on three charges.
The jury said earlier they were deadlocked on three charges.
Theranos founder Elizabeth Holmes was found guilty of four counts of defrauding investors in a federal court Monday. The verdict comes years after former employee Tyler Shultz first reported concerns to state regulators. Shultz reacts to Holmes' verdict on “CBS Mornings.”
A jury found Elizabeth Holmes bilked investors out of their money using false claims about the tech that Theranos had developed. Anna Werner spoke to a former prosecutor who says Holmes' own words incriminated her.
In California, a jury found Theranos founder Elizabeth Holmes guilty on four of 11 counts. In New York, former President Trump and two of his children, Donald Trump Jr. and Ivanka Trump, are taking legal action to try to stop subpoenas issued by the New York attorney general. CBS News legal contributor Jessica Levinson joins CBSN with her analysis of both cases.
Theranos CEO Elizabeth Holmes has been found guilty on four fraud charges, but she was acquitted on four others and the jury remained deadlocked on three. CBSN Bay Area has the latest.
Juries in two different high-profile trials have returned from a holiday break and are continuing their deliberations. In New York, Ghislaine Maxwell, a former associate of disgraced financier Jeffrey Epstein, faces six federal charges linked to sex trafficking. In California, Elizabeth Holmes faces eleven counts of fraud stemming from her failed blood-testing start-up Theranos. CBS News legal contributor Jessica Levinson joins CBSN with a breakdown of each case.
Elizabeth Holmes has been found guilty on four counts of wire fraud. In 2018, Norah O’Donnell reported on Holmes' company, Theranos, which had a blood-testing machine that could never perform as touted and went from billion-dollar baby to complete bust.
During her trial, Elizabeth Holmes denied hiring a research firm to look into a Wall Street Journal reporter but admitted she tried to kill his Theranos story. Jamie Yuccas spoke with “Bad Blood: The Final Chapter” reporter Emily Saul, who covered the trial from the beginning.
The Theranos founder became romantically involved with her business partner Sunny Balwani in 2005.
In her third day of testimony, Holmes acknowledged making some mistakes as CEO of Theranos.
The decision to have Holmes testify so early in her defense was a bombshell development with considerable risk.
Once a Silicon Valley darling with a $4.5 billion fortune, Holmes faces up to 20 years in prison if convicted of fraud.
Former Silicon Valley darling is accused of fraud and conspiracy as jury selection begins in her trial.
The Stanford dropout who was once a Silicon Valley darling faces 10 fraud charges and two conspiracy charges. Her startup, Theranos, promised to revolutionize the medical world by diagnosing diseases with just a few drops of blood—but the technology didn't work. KPIX reporter Len Ramirez has more.
Jury selection is expected to begin today in the long awaited trial of Elizabeth Holmes – the founder of failed blood testing company, Theranos. CBS News correspondent Meg Oliver sat down with John Carreyrou, the host of "Bad Blood: The Final Chapter" to talk about the trial.
If convicted, she faces up to 20 years in prison and millions of dollars in fines
How a company with a blood-testing machine that could never perform as touted went from billion-dollar baby to complete bust
A conversation with 60 Minutes about media coverage of the rise and fall of Elizabeth Holmes and her hot startup, Theranos
The blood-testing startup, accused of Silicon Valley's biggest fraud, lost almost $1 billion of investor wealth
Holmes as well as former chief operating officer Ramesh "Sunny" Balwani are accused of defrauding investors and doctors
Theranos founder Elizabeth Holmes told us in 2015 how she would transform blood tests by using a drop of blood from a finger-prick to get fast, low-cost test results for everything from cholesterol to cancer. But this past March, the Securities and Exchange Commission called Theranos "an elaborate, years-long fraud." Wall Street Journal reporter John Carreyrou broke the story of the Theranos deception. He joins Norah O'Donnell in the Toyota Green Room to discuss chronicling the company's collapse in his new book, "Bad Blood: Secrets and Lies in a Silicon Valley Startup."
Theranos founder Elizabeth Holmes told us in 2015 how she would transform blood tests by using a drop of blood from a finger-prick to get fast, low-cost test results for everything from cholesterol to cancer. But this past March, the Securities and Exchange Commission called Theranos "an elaborate, years-long fraud." Wall Street Journal reporter John Carreyrou broke the story of the Theranos deception. He joins "CBS This Morning" to discuss chronicling the company's unraveling in his new book, "Bad Blood: Secrets and Lies in a Silicon Valley Startup."
How a company with a blood-testing machine that could never perform as touted went from billion-dollar baby to complete bust. Norah O’Donnell reports.
How a company with a blood-testing machine that could never perform as touted went from billion-dollar baby to complete bust
How did Google get so big; then, the Theranos deception; and, Mario Batali and the Spotted Pig
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