On this day - 3 January
Historical items of interest as featured in the papers of the day.
Elizabeth Holmes found guilty of fraud
Elizabeth Holmes set up Theranos, a company that claimed they could test for disease with a couple of drops of blood taken via a fingerprint test. The company secured extensive funding from very high profile sources. In 2018, Holmes was indicted with 9 counts of wire fraud and 2 further counts of conspiracy to commit wire fraud to which she pleaded not guilty.
On January 3rd 2022 Holmes was found guilty of 3 counts of wire fraud and 1 count of conspiracy to commit wire fraud. She was sentenced to 11 and a quarter years in prison.
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