Elizabeth Holmes, the former CEO of Theranos, was taken into custody on Tuesday for starting her service 11 years in a Texas prison for defrauding investors of hundreds of millions of dollars and lying about her biotech company’s blood-testing technology.
A California court found Holmes, 39, guilty of four counts of fraud and conspiracy. The presiding judge recommended that she spend time in a detention camp in Bryan, Texas. She left behind a son, about two years old, who was born weeks before her trial was due to begin; and a 3-month-old daughter who became pregnant after her conviction.
Holmes, 39, will be held in a minimum-security women’s prison camp in Bryan, Texas, about 100 miles from Houston, where she grew up aspiring to become a technology visionary in the style of Apple founder Steve Jobs.
Associated Press/Jeff Chew, file
To keep from being treated unfairly during the trial, Holmes sought to remain free while appealing her conviction. But that offer was rejected by US District Judge Edward Davila, who presided over her trial, and the Ninth Circuit Court of Appeals, leaving her with no other path to follow than one that would land her in jail nearly 20 years after founding Theranos. .
The Associated Press contributed reporting.
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