Because of her rise and fall, Elizabeth Anne Holmes, a former biotech entrepreneur, has become a notable figure in the business world. She garnered headlines for her role in a high-profile fraud investigation.
Holmes started Theranos, a health technology business that promised to revolutionise blood testing by using small quantities of blood from a finger prick, on February 3, 1984, in the United States.
However, as inquiries progressed, it became evident that Theranos' technology was not as revolutionary as claimed. Holmes and former president Ramesh "Sunny" Balwani were charged with wire fraud and conspiracy in 2018. In 2021, Holmes was found guilty of criminal fraud in a nationally publicised trial.
Elizabeth Holmes, the founder of Theranos, has been photographed in prison for the first time since her sentence began. She turned herself in on May 30, 2022, after being convicted of fraud. Holmes duped investors out of millions of dollars with her medical venture. According to Lynn Espejo, a