Videos

Elizabeth Holmes: Founder of blood-testing start-up Theranos guilty of fraud

The founder of blood-testing start-up Theranos, Elizabeth Holmes, has been convicted of fraud.

The 37-year-old was found guilty of turning her company into a sophisticated sham which duped both investors – including Rupert Murdoch and the Waltons, America’s richest family – and patients into backing revolutionary finger-prick blood-testing technology that never actually worked.

A jury convicted her on two counts of wire fraud and two counts of conspiracy to commit fraud after seven days of deliberation following a three-month trial.

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews

Follow us on Twitter: https://twitter.com/skynews

Like us on Facebook: https://www.facebook.com/skynews

Follow us on Instagram: https://www.instagram.com/skynews

For more content go to http://news.sky.com and download our apps:
Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol

To enquire about licensing Sky News content, contact clipsales@sky.uk

Articles You May Like

Tesla makes finding charging stations for people towing trailers easier
Biden adding ‘fuel to fire’, Kremlin says – as Ukraine allowed to fire US missiles into Russia
Thousands of jobs to go at engineering giant Bosch
Crude oil posts loss for the week as looming surplus depresses market
Liberty Energy stock jumps after Trump picks CEO Chris Wright as energy secretary