Elizabeth Holmes Guilty on 4 Counts

Found guilty of defrauding investors out of millions of dollars, Elizabeth Holmes was found guilty after over 50 hours of jury deliberation. Her sentencing date has not yet been sent, but she potentially faces the maximum penalty of 20 years in prison. While it is incredibly unusual for startup companies to face criminal charges for false promises, former prosecutors explain that this case is different since it jeopardizes the health and well-being of private citizens.

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