Shameful Act:
As the founder and CEO of the now-defunct Silicon Valley startup Theranos, Holmes falsely claimed the company’s blood-testing device could detect a multitude of diseases and conditions from a single drop of blood obtained via a finger prick that could be self-administered at home. After the Wall Street Journal exposed that the technology didn’t work in 2015, government inquiries followed.
Penalty:
In November 2022, a federal judge sentenced Holmes to more than 11 years in federal prison and three years of supervised release after a grand jury convicted her of defrauding investors of hundreds of millions of dollars.
Where is she now:
According to reports, out on bond and living in a mansion on the historic $135 million Green Gables estate in Silicon Valley before she must report to prison in April 2023 to begin her sentence.