In a recent interview with People magazine, Elizabeth Holmes, the founder of Theranos, expressed her ongoing commitment to developing affordable healthcare solutions from prison. Holmes, who maintains her innocence regarding the fraud charges, stated she refused to plead guilty to crimes she did not commit, emphasizing that while Theranos ultimately failed, that does not equate to fraud. Currently serving an 11.25-year sentence, reduced to nine years for good behavior, she reflected on her life in the federal prison camp while also mentioning her former partner, Sunny Balwani, who received a longer sentence for his role in the scandal.
I remain completely committed to my dream of making affordable healthcare solutions available to everyone.
I refused to plead guilty to crimes I did not commit. Theranos failed. But failure is not fraud.
Holmes is serving an 11.25-year sentence that has been reduced to nine years for good behavior.
Her former Theranos partner Sunny Balwani was found guilty on 12 charges and received a 13-year sentence.
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