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Theranos founder Elizabeth Holmes jailed for fraud

The former Silicon Valley star falsely claimed the technology could diagnose disease with just a few drops of blood. Holmes, 38, who is pregnant, tearfully told the court she felt "deep pain" for those misled by the scam. She was found guilty in January after a three-month trial. Holmes is expected to appeal against the sentence, which was handed down on Friday in a California court. Once hailed as the "next Steve Jobs", she was at one time said to be the world's youngest self-made billionaire. She launched Theranos after dropping out of Stanford University at age 19, and its value rose sharply after the company claimed it could bring about a revolution in disease diagnosis. But the technology Holmes touted did not work and - awash in lawsuits - the company was dissolved by 2018.


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