Prosecutors Seek 15 Years for Elizabeth Holmes Over Theranos Fraud

Prosecutors Seek 15 Years for Elizabeth Holmes Over Theranos Fraud
Theranos founder Elizabeth Holmes and her family leave the federal courthouse after attending her fraud trial in San Jose, Calif., on Jan. 3, 2022. Brittany Hosea-Small/Reuters
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Theranos founder Elizabeth Holmes should spend 15 years in prison and pay $800 million in restitution to investors defrauded in the blood testing start-up, U.S. prosecutors recommended late on Friday.

The Department of Justice recommendation, made in a court filing, came as Holmes prepares to be sentenced next week.