Holmes had raised millions of dollars claiming to have developed a device that could detect several diseases from a few drops of blood.
A jury in the United States on Monday found Elizabeth Holmes, founder of blood testing startup Theranos, guilty of investor fraud and conspiracy, Reuters reported. The jury found her guilty on four out of eleven counts. However, she was acquitted on three counts of defrauding patients, and a related count of conspiracy. On three other counts, the jury could not reach a decision. Holmes allegedly duped investors by claiming that Theranos had developed a new device that could detect several diseases from a few drops of blood, according to AP.
