![]() In total, Holmes was found guilty of defrauding investors of nearly $145 million. The underlying wire fraud amounts on those counts ranged from $99 thousand to $5.3 million. The jury remained deadlocked on three counts of defrauding investors. Of the 11 charges, Holmes was acquitted on all that related to defrauding patients and one count of conspiracy. She could also be fined and required to pay restitution to her former investors. ![]() As a first-time offender, Holmes is unlikely to face the full term. A sentencing date could be set at a hearing next week. ![]() Holmes faces a maximum of 20 years in prison per charge, likely to be served concurrently. Theranos founder Elizabeth Holmes was convicted Monday of four federal charges of fraud for exaggerating to investors what her blood testing company's machines could do, how much money the company could earn and how widely the machines were being used.
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