As Elizabeth Holmes heard in real time that a jury of eight men and four women had found her guilty on four counts of defrauding investors, the former Theranos CEO remained stoic.
After the jurors were discharged, Holmes, wearing a mask and seemingly emotionless, went down the line of her supporters in the San Jose courtroom. She gave each a hug, beginning with her partner Billy Evans, then her mother, her father and friends, embracing each by placing an arm over their shoulder and clutching a pen in her hand. With that, Holmes,37, began the next chapter of her life as the rare Silicon Valley founder tried for, and convicted of, fraud. Once hailed as the next Steve Jobs for her ambitious promise of building technology that could test for a wide range of conditions with just a few drops of blood, Holmes now faces the possibility of years of jail time. Here’s what’s next for Holmes and her high-profile court case, which went on for nearly four months. Three remaining counts The charges Holmes was found guilty of include one count of conspiracy to defraud investors, as well as three wire fraud counts tied to specific investors. But the jury also determined that Holmes was not guilty of three additional counts concerning defrauding patients and one count of conspiracy to defraud patients — a part of the government’s case that it spent relatively little time mounting in comparison to its case pertaining to investors. The jurors did not return a verdict on three federal wire fraud counts tied to other investors — each of whom had invested in Theranos in its earliest days and then again later, with their later investments making up the counts in question.
