Holmes, who was charged with defrauding investors in her blood-testing start-up, hoped to stay out of jail while she appealed her conviction
Theranos founder Elizabeth Holmes must begin serving her prison sentence while she appeals her conviction on charges of defrauding investors in the failed blood-testing startup, an appeals court in San Francisco ruled on Tuesday.
Holmes, who rose to fame after claiming Theranos’ small machines could run an array of diagnostic tests with just a few drops of blood, was convicted at trial in San Jose, California, last year and sentenced to 11 years and three months in prison.
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