Elizabeth Holmes sentenced to 11 years in prison for Theranos fraud
Elizabeth Holmes, the former chief executive of the blood-testing startup Theranos,
was sentenced on Friday to more than 11 years in federal prison for her role in defrauding investors out of hundreds of millions of dollars.
in a case U.S. District Judge Edward Davila described as "troubling on so many levels."
Before Davila handed down his sentence, a sobbing Holmes stood up and addressed the judge directly.
"Looking back, there are so many things I would do differently if I had the chance. I regret my failings with every cell of my body," she said, as her voice cracked.
Holmes' defense lawyers had hoped for a short prison sentence, or even home confinement.
Now Holmes, 38 and pregnant with her second child, is expected to report to prison in five months.
After her release, she is to spend three years under supervision.
"The tragedy of this case is that Ms. Holmes is brilliant," Davila said before his pronouncement.
Davila said. "Was there a loss of moral compass here? Was it hubris? Was it intoxication with the fame," said Davila of Holmes.