Elizabeth Holmes has been sentenced to 135 months, or over 11 years, in prison after being found guilty on four charges of fraud.
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00:00Theranos founder Elizabeth Holmes has been sentenced to 11.25 years in prison.
00:04Judge Edward Davila says the reasonable total loss for investors was $121 million.
00:10He will set a later date to determine what Holmes owes.
00:12During the four hours sentencing, she tearfully took responsibility for Theranos
00:16and apologized to investors and patients.
00:18Holmes was convicted in January on four counts of criminal fraud
00:21for deceiving investors in her failed blood testing startup Theranos.
00:25Holmes faced a maximum sentence of 20 years.
00:27The government called for 15 years in federal prison,
00:29whereas her legal team pushed for no more than 18 months in home confinement,
00:33followed by probation and community service.
00:35More than 100 supporters, including her family, friends, and former colleagues,
00:39wrote letters in support of Holmes to Judge Edward Davila,
00:41asking for leniency in her sentencing.
00:43This marks the conclusion of an over four-year-long legal downfall of Holmes,
00:47whose story has been widely followed by the public via an HBO documentary
00:51and award-winning Hulu TV series.