Elizabeth Holmes, the 37-year-old founder of Theranos, was just found guilty on four counts of fraud and conspiracy.
Specifically, the twelve person jury, after 50 long hours of deliberation, found her guilty on three counts of wire fraud and one count of conspiracy to commit wire fraud.
The jury remains deadlocked on three charges and dismissed four other felony charges.
The dismissed charges were allegations that she deceived patients who paid for Theranos blood tests.
The judge reportedly told the jury to continue deliberating on the four charges on which it has neither found her guilty nor not guilty, but the AP reports that “a federal judge anticipates dismissing as part of a mistrial ruling that could come as early as next week.”
She faces up to $250k in fines and 20 years in prison for each of the counts on which she has been found guilty, though the ultimate amount of time she’ll spend in prison will likely be far lower than the maximum, and she will likely serve the terms concurrently. Holmes will likely appeal the ruling.
Reporting on the moment of the decision itself, the AP said that:
Holmes remained seated and expressed no visible emotion as the verdicts were read. She bowed her head several times before the jury was polled by U.S. District Judge Edward Davila. After the judge left the courtroom to meet with jurors individually, Holmes got up to hug her partner, Billy Evans, and her parents before leaving with her lawyers.
During a brief break after the verdict was read, a visibly shaken Evans stepped into the courthouse hallway to get a get drink from a water fountain while apparently trying to compose himself.
Holmes did not respond to questions about the verdicts lobbed at her during a three-block walk from the courthouse to the nearby hotel where she has stayed during jury deliberations.
This story syndicated with permission from Will – Trending Politics
Notice: This article may contain commentary that reflects the author's opinion.
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