Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

Financial Crime, North America

Theranos founder, Elizabeth Holmes, convicted of fraud and conspiracy as Silicon Valley reels from billionaires fall from grace

By Elizabeth Hearst for AMLi

Billionaire and founder of scandal-ridden blood testing company, Theranos, Elizabeth Holmes has been convicted of fraud and conspiracy by a US court, potentially facing decades behind bars. 

Ms. Holmes was found guilty on four counts of fraud and conspiracy, following a seven-day deliberation by a jury. The jury cleared Ms. Holmes on four counts of other felony charges, including conspiracy to defraud patients. 

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!