Crime & Safety

Former Theranos CEO Elizabeth Holmes Appeals Fraud Conviction To Ninth Circuit Court In San Francisco

Holmes, who did not attend the hearing, is currently serving an 11-year sentence in a Bryan, Texas prison.

(CBS)

June 12, 2024

A panel of federal judges spent two hours on Tuesday wrestling with a series of legal issues raised in an attempt to overturn a fraud conviction that sent Theranos CEO Elizabeth Holmes to prison after a meteoric rise to Silicon Valley stardom.

Find out what's happening in San Franciscowith free, real-time updates from Patch.

The hearing held at the Ninth Circuit Court of Appeals San Francisco came nearly two-and-half years after a jury convicted Holmes for orchestrating a blood-testing scam that became a parable about greed and hubris in Silicon Valley. Holmes' instrument of deception was Theranos, a Palo Alto, California, startup she founded shortly after dropping out of Stanford University in 2003 with her sights set on revolutionizing the healthcare industry.

Holmes, who did not attend the hearing, is currently serving an 11-year sentence in a Bryan, Texas prison.

Find out what's happening in San Franciscowith free, real-time updates from Patch.

Click here for the full story via CBS San Francisco


CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.

To request removal of your name from an arrest report, submit these required items to [email protected].