Elizabeth Holmes
Elizabeth Holmes arriving to attend a hearing in California. (Photo Credit: Justin Sullivan | Getty Images)

Who Is Elizabeth Holmes and Why Was She on Trial?

In 2014, Forbes named Elizabeth Holmes the world’s youngest self-made billionaire and valued her company, Theranos, at $9 billion. However, her empire crashed when a federal grand jury indicted her for committing a massive fraud. After Holmes stepped down as CEO of Theranos, she went to trial for her crimes. The jury found her guilty on four federal charges and sentenced her to 11 years…

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