Theranos founder Elizabeth Holmes has been sentenced to over 11 years in prison for defrauding investors in her blood testing start-up that was once valued at $9bn (£7.5bn).
The former Silicon Valley star falsely claimed the technology could diagnose disease with just a few drops of blood.
Holmes, 38, who is pregnant, tearfully told the court she felt “deep pain” for those misled by the scam.
She was found guilty in January after a three-month trial.
Holmes is expected to appeal against the sentence, which was handed down on Friday in a California court.
Details later….
PRESS STATEMENT Nigerian Breweries PLC - The pioneer and largest brewing company in Nigeria which is…
Paris Saint-Germain star Achraf Hakimi has spoken out following his defeat by Ademola Lookman for…
Ukrainian boxer Oleksandr Usyk reinforced his position as one of the greatest heavyweight champions in…
The National Emergency Management Agency (NEMA) has said it has put all its zonal, territorial…
Erhiatake Ibori-Suenu, member representing Ethiope Federal Constituency of Delta State in the House of Representatives…
The Economic and Financial Crimes Commission (EFCC) has reportedly secured a final forfeiture order for…