Tech Entrepreneur Elizabeth Holmes Now In Texas Prison Camp

US-CRIME-FRAUD-HOLMES

Theranos' founder Elizabeth Holmes (L) arrives at the Federal Prison Camp in Bryan, Texas, on May 30, 2023. Photo: Getty Images

Former tech entrepreneur Elizabeth Holmes has turned herself in to authorities at a federal prison in Texas. She was convicted of defrauding investors at a start-up called Theranos, which promised advances in the medical testing of blood samples. It was all a fraud, and it rocked Silicon Valley where investors ponied up hundreds of millions of dollars. Holmes will serve an eleven-year sentence at a minimum-security women's prison camp in Bryan.


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