Crime & Safety

9 Photos Show Elizabeth Holmes' Last 'Innocent' Day

The Jury renders a verdict against former Theranos CEO Elizabeth Holmes following a 3-month trial.

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Elizabeth Holmes leaves federal court after the verdict in San Jose on Monday. Holmes was convicted of fraud for turning her blood-testing startup Theranos into a sophisticated sham that duped billionaires and other unwitting investors.
Elizabeth Holmes leaves federal court after the verdict in San Jose on Monday. Holmes was convicted of fraud for turning her blood-testing startup Theranos into a sophisticated sham that duped billionaires and other unwitting investors. (Nic Coury/AP)

SAN JOSE, CA — Former Theranos CEO Elizabeth Holmes, once a notable entrepreneur in Silicon Valley, has been convicted on four counts of fraud after she was accused of duping billionaire investors as well as working-class patients over a flawed blood-testing tool that was once considered a medical breakthrough.

The Case.

Holmes claimed Theranos had a device called the Edison, which would prick a patient in order to collect a few drops of blood. Theranos claimed they could test for a number of health conditions based on those few drops of blood. This was considered revolutionary because the current method is to draw a vial of blood for each laboratory test.

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As it turned out, the Edison machine could not deliver reliable results, and the company began to falter, and criticism began to mount. Then, in 2015, the Wall Street Journal wrote a series of exposes, stating that Theranos was a fraud.

The Trial.

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The jury of eight men and four women listened to testimony from more than 30 witnesses, as well as stacks of incriminating evidence.

The jury Monday informed the judge they were deadlocked on three of the 11 charges against Holmes. She was also acquitted on four other counts of fraud and conspiracy, claiming she deceived patients who paid for Theranos blood tests.

Holmes' Future.

She could be sentenced to up to 20 years in prison on each count of the four counts against her. Holmes is free on bond until the judge determines sentencing.

SEE MORE: Elizabeth Holmes Guilty Of Defrauding Investors But Not Patients

Elizabeth Holmes, center, walks to federal court to hear the verdict in San Jose on Monday. Holmes was convicted of fraud for turning her blood-testing startup Theranos into a sophisticated sham that duped billionaires and other unwitting investors into backing a seemingly revolutionary company whose medical technology never worked as promised. (Nic Coury/AP)
Holmes walks into federal court in San Jose on Monday to hear the jury. She was convicted on four counts of fraud. (Nic Coury/AP)

Elizabeth Holmes, center, leaves federal court in San Jose on Monday. The jury informed the judge they are deadlocked on three of the 11 counts she faces. (Nic Coury/AP)
Elizabeth Holmes, center, leaves federal court in San Jose on Monday. (Nic Coury/AP)
Elizabeth Holmes looks at her partner, Billy Evans, as they walk into federal court in San Jose on Monday. The jury sat through the three-month-long trial listening to testimony from 32 witnesses. (Nic Coury/AP)
Elizabeth Holmes, center, enters federal court Monday to hear the Jury's verdict The jury had eight men and four women. (Nic Coury/AP)
Elizabeth Holmes leaves federal court after the verdict Monday after being charged with four counts of fraud. Each charge carries a maximum prison sentence of 20 years. (Nic Coury/AP)
Elizabeth Holmes, center, leaves federal court after the verdict in San Jose, on Monday. Holmes is free on bond until the judge calls for a sentencing hearing. (AP Photo/Nic Coury)

The Associated Press contributed to this report.

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