Elizabeth Holmes goes to prison – level 1

Elizabeth Holmes goes to prison

02-06-2023 07:00

Elizabeth Holmes is the founder of the company Theranos. Holmes lies to investors. She wants to get money from them. She says that she has a new technology for testing blood. The company ends in 2018.

Holmes goes to prison for 11 years. She stays in a prison in Texas, United States. The prison is for women who do not hurt anyone. The women work there. Holmes wants to stay out of prison, but the judge says no. Before prison, she spends time with her family.

Holmes’ partner also goes to prison for 13 years. When Holmes leaves prison, she must give money to the people who she tricks.

Difficult words: founder (a person who starts a company), investor (a person who puts money into a business), trick (to cheat or lie to someone).

You can watch the original video in the Level 3 section.

What are the stipulations that Holmes must meet when she is released from prison?

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