Texas prison housing Elizabeth Holmes, 'Housewives' star Jen Shah offers business classes

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 87%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Theranos founder Elizabeth Holmes will spend the next 11 years at Federal Prison Camp (FPC) Bryan in Bryan, Texas, where 'Housewives' star Jen Shah is also serving time.

Another noteable inmate includes former Hidalgo County Commissioner Sylvia Hanby-Espronceda, who fraudulently hired and employed illegal immigrants for childcare and housekeeping services at the county's expense, according to the Justice Department.

Elizabeth Holmes, a 39-year-old mother of two, was sentenced to 11 years in prison and ordered to pay $452 million in restitution to financiers for duping investors out of hundreds of millions of dollars by lying about her biotech start-up Theranos. Holmes, a 39-year-old mother of two, was sentenced to 11 years in prison and ordered to pay $452 million in restitution to financiers forout of hundreds of millions of dollars by lying about her biotech start-up Theranos.

The company, which was once valued in the billions, falsely claimed that it invented a machine that could run complex tests with just one drop of blood. All inmates at FPC Bryan, which houses mostly white-collar criminals, are required to have a job for at least three months and can take a test to determine which job is the best fit for them.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines