Theranos founder Elizabeth Holmes sentenced to more than 11 years in prison

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: Theranos founder Elizabeth Holmes was sentenced Friday to more than 11 years in prison for fraud after deceiving investors about the purported efficacy of her company’s blood-testing technology. She was ordered to surrender on April 27.

?Source: CNBC.com – video report

Date: Nov 19, 2022

Link: https://www.cnbc.com/2022/11/18/former-theranos-ceo-elizabeth-holmes-sentenced-to-more-than-11-years-in-prison.html

Questions for discussion:

  • What was Elizabeth Holmes found guilty of?
  • Do you believe her punishment is deserved?
  • What message does this judgment send to others?
  • Do you think it will deter fraud in high finance?

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