<p>Former biotech entrepreneur and media darling Elizabeth Holmes was sentenced on Friday to 11 years in prison after tricking investors into believing she had revolutionized blood testing.</p>
<p>Holmes — who ran the fraudulent biotechnology company Theranos — formally received 135 months in prison. The Department of Justice had requested that the disgraced founder receive 15 years in prison and be forced to pay $800 million in restitution.</p>
<p>“Considering the extensiveness of Holmes’ fraud … the sentencing of 180 months’ imprisonment would reflect the seriousness of the offenses, provide for just punishment for the offenses, and deter Holmes and others,” federal prosecutors <a href="https://www.ndtv.com/business/us-seeks-15-years-in-prison-for-elizabeth-holmes-over-theranos-fraud-3518686" target="_blank" rel="noopener">stated</a>.</p>
<p>Holmes, who is currently pregnant with her second child, was <a href="https://www.dailywire.com/news/elizabeth-holmes-found-guilty-on-four-counts-of-defrauding-theranos-investors" target="_blank" rel="noopener">convicted</a> on four counts of wire fraud back in January following a months-long trial. She has 14 days to appeal her conviction, <a href="https://www.wsj.com/livecoverage/elizabeth-holmes-sentencing-theranos-trial">according</a> to The Wall Street Journal.</p>
<p>Holmes&#8217; downfall comes after she deceived investors into believing her company&#8217;s portable blood analyzer could conduct comprehensive blood tests with mere drops of blood. Her now-fallen empire once secured a $9 billion valuation, and in 2014, she was touted by Forbes as the world&#8217;s youngest self-made woman billionaire.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">Elizabeth Holmes has a net worth of $4.5 billion. Meet the newcomers to the <a href="https://twitter.com/hashtag/Forbes400?src=hash&amp;ref_src=twsrc%5Etfw">#Forbes400</a>: <a href="http://t.co/9UohMWomrv">http://t.co/9UohMWomrv</a> <a href="http://t.co/v9GR9HnAGM">pic.twitter.com/v9GR9HnAGM</a></p>
<p>— Forbes (@Forbes) <a href="https://twitter.com/Forbes/status/516875363214176256?ref_src=twsrc%5Etfw">September 30, 2014</a></p></blockquote>
<p>As an entrepreneur, Holmes managed to attract several prominent political and business leaders to back her firm — including former Secretary of State George Shultz and former Defense Secretary James Mattis. Holmes also had close ties to the Clinton family and hosted a fundraiser for Hillary Clinton in 2016.</p>
<p>At trial, Holmes&#8217; legal team argued that “she was merely a young, naïve, ambitious founder who relied too much on others who gave her bad advice,” and claimed she lacked experience, according to <a href="https://www.nytimes.com/live/2021/11/19/technology/elizabeth-holmes-theranos-trial?campaign_id=9&amp;emc=edit_nn_20211121&amp;instance_id=45964&amp;nl=the-morning&amp;regi_id=168931662&amp;segment_id=75001&amp;te=1&amp;user_id=3197b7108b8b361e088b72b939e051d0" target="_blank" rel="noopener">The New York Times</a>. Holmes also attempted to accuse her ex-boyfriend and Theranos’ ex-president Ramesh “Sunny” Balwani of abuse; however, the couples’ text messages seemed to <a href="https://www.dailywire.com/news/texts-between-theranos-founder-elizabeth-holmes-and-ex-boyfriend-cast-doubt-on-her-abuse-claims" target="_blank" rel="noopener">depict a loving relationship</a>.</p>
<p><em>Ben Zeisloft contributed to this report. </em></p>

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Elizabeth Holmes, Disgraced Media Darling Behind Theranos Fraud, Sentenced To 11 Years In Prison

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Elizabeth Holmes, Disgraced Media Darling Behind Theranos Fraud, Sentenced To 11 Years In Prison