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May 31, 2023

Elizabeth Holmes Reports to Prison to Start 11-Year Sentence for Defrauding Theranos Investors
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Disgraced Theranos founder Elizabeth Holmes reported to a federal prison
in Texas Tuesday to begin her 11-year sentence after she was convicted
of defrauding investors in her blood testing company. Holmes was
declared the world's youngest self-made woman billionaire by Forbes in
2014 after securing hefty investments by falsely claiming Theranos
machines could run a wide range of diagnostic tests from a few drops of
blood. Holmes has appealed her case but will remain in prison during
legal proceedings.


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