> Theranos founder, Elizabeth Holmes, delays prison time and awaits appeal in Del Mar beach house
Theranos founder, Elizabeth Holmes, delays prison time and awaits appeal in Del Mar beach house
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Description
The Theranos founder Elizabeth Holmes, who scammed the government and investors out of hundreds of millions of dollars was recently set to start her eleven-year prison sentence, but instead is on a beach front property in Del Mar.
Elizabeth Holmes was once dubbed the next Steve Jobs, the world's youngest self made billionaire - now, convict. The 39-year-old was convicted last year of defrauding investors. Theranos was her blood testing start-up in Silicon Valley. It claimed to revolutionize blood testing. Just a few drops could detect an array of things, but that technology turned out to be untrue.
FULL STORY: https://www.cbs8.com/article/news/local/theranos-founder-elizabeth-holmes-delays-prison-del-mar-beach-house/509-b8c119c7-9892-4914-9e31-bc674da1a254