Tim Conway Jr

Tim Conway Jr

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Elizabeth Holmes To Begin Prison Sentence On Tuesday

Disgraced Theranos Founder Elizabeth Holmes Appears In Court For A Restitution Hearing

Photo: Getty Images

Elizabeth Holmes, the former CEO of Theranos, will start her 11-year prison term on Tuesday.

After requesting a few extra days from a federal judge to arrange child care for her two small children, Holmes was told to report to prison on May 30.

By raising almost $1 billion with false promises regarding her company's blood-testing technology, Holmes was found guilty of cheating investors. Additionally, she was mandated to make hundreds of millions in restitution.


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