Elizabeth Holmes convicted of fraud over ‘blood-testing’ start-up Theranos

A jury convicted the 37-year-old on two counts of wire fraud and two counts of conspiracy to commit fraud after seven days of deliberation

Elizabeth Holmes has been convicted of fraud for turning her blood-testing startup Theranos into a sophisticated sham (Nic Coury/AP)

Elizabeth Holmes has been convicted of fraud for turning her blood-testing start-up Theranos into a sophisticated sham.

The scheme duped billionaires and other unwitting investors into backing a seemingly revolutionary company whose medical technology never worked as promised.