UPDATE: Theranos founder Elizabeth Holmes sentenced to 11 years in jail | 60 Minutes Australia

For more than a decade, Elizabeth Holmes told the world a bloody and despicable lie. She claimed to have invented a medical miracle, a machine that with a tiny drop of blood could diagnose countless diseases. Her deception fooled many rich investors and not only made her a Silicon darling. Valley, but she is no longer a billionaire, although yesterday a California court

sentenced

Elizabeth Holmes to 11

years

in prison for fraud. It's the day that Elizabeth Holmes has done almost everything she can to avoid. Is there anything you want to say to investors? She is now, finally, the former pin-up of Silicon Valley.

The girl has no choice but to face her reckoning. She plans to make statements to the judge to learn her fate for defrauding investors of $144 million. Four nail-biting hours later, the court breaks the news. Elizabeth Holmes has been

sentenced

to 11

years

in prison. her crimes exposed by the courage of the whistleblowers. I am very, very proud of the role I have played in cooperating with the government to bring justice in this case. I think I told the truth very effectively and exposed one of the most diabolical types of Plots in the history of healthcare. Everything you want to say.

Dr. Adam Rose Endorff was the star witness in the trial of Theranos

founder

Elizabeth Holmes, a trial that with all its twists and turns has captivated the world as the former Theranos lab director had the inside track. View of a company that promised a revolution in blood testing but was exposed as a foreign sham experienced its first warning signs in 2013 when Holmes and Theranos coo recruited him to join healthcare startup Ramesh Sunny. Balwani, Elizabeth's secret lover at the time. You feel quite in love with Elizabeth and Sunny. Did you find them impressive when you joined? I found Elizabeth to be actually very charming but also very enigmatic and I honestly found Sunny to be a bully and then Elizabeth just wanted to know one thing.

To me, could she be her faithful her? Could be it? Could you keep a secret? Basically, did you find it unusual to be asked if you could keep a secret? Did? She made me wonder what was under the sheets. It was revealed at trial that Dr. Rosendorf went from a new recruit to the critical secret source whose background reports allowed the Wall Street Journal to unravel the Theranos fraud that claimed homes in Balwani could use just a pinprick of blood to price too low and perform screening tests accurately. 200 diseases at once using an innovative miniature mobile laboratory was a lie and was wildly and dangerously inaccurate.

The results had been covered up. My therapist at the time actually thought he was crazy because who wouldn't know that this is the kind of Young Doctor who says the biggest success story in history is a fraud. This is what happens when you work to change things and first they think you're crazy, then they fight you and suddenly you change the world. I would like to welcome Elizabeth Holmes the true pleasure the incredible Elizabeth Holmes at her peak everyone wanted success to be real everyone wanted homes who were so blatantly inspired by Apple Steve Jobs to become Silicon Valley's first female billionaire there are people in this world who revolutionize Our Lives Coco Chanel Steve Jobs Bill Gates Walt Disney and Elizabeth Holmes remember my words

theranos

valued at nine billion dollars doubled under the weight of the truth revealed by brave whistleblowers the fall from grace was extraordinary you have no right to endanger the patients' health because you want to be a famous figure in Silicon Valley, you want to be the new Steve Jobs, you have no right to experiment with people's health, a retired biotechnology executive and even the cough sat in the trial almost everyone days, unable to get away from the world at times. confronting and always captivating circus.

I knew a lot of people who had worked at Theranos and had followed the story for a long time, so I'm really fascinated by the Emperor's New Clothes aspect of the story back in 2006. Elizabeth Holmes took Ann to see lunch Holmes wanted Anne worked for her as a consultant at Theranos, but the scientist was not convinced of her experience when he heard those Ambitions, did he think this was a pipe dream or was it the holy grail of the work he does? I have a PhD in chemical engineering and I was really surprised and skeptical that I and other people in the field believed that we would have had to see a really interesting invention because yes, the rest of us were very far from thinking that that could be it. done as follows please raise your right hand do you swear to tell the truth the whole truth and nothing but the truth?

I do, but Home's greatest invention was the sophisticated fiction he created to fool investors and patients. The woman he saw on the stand next to her. own judgment, how did she hit you? So I was amazed, I mean, absolutely amazed at how prepared and kind of a perfect witness she is to be under these accusations and have evidence that is so negative and damning to her, incredibly prepared in a way that is inhumane to her. I, like most people I know, couldn't, couldn't, or didn't want to be like that. Were there any regrets? Was there any repentance and he did not accept the wrongdoings?

No, how do you take the line of defense that Theranos collapsed really? It was about mistakes, not malice, it was never about hurting anyone or fleecing anyone, yes, no, I don't believe that at all. I think they really systematically told lies that they knew weren't true, from failed invention to reinvention. Former in-house expert Dr. Adam Rosendorf has seen it. Over the past nine years, most recently, he has witnessed Elizabeth Holmes go from superstar scientist and powerful businesswoman to fragile victim as she walked to court flanked by her current partner and mother. I never saw her as someone who needed hand holding, she is a shell. of herself, but at the same time she is essentially remorseless.

I mean, during the trial she was looking daggers at me like she was looking right through me, like she was trying to tell me, do you know how come you guys don't even know that you have a basic human right to be able to access information about yourself? Do you have any reaction to your burden of guilt? The Heims trial ended in January of this year with Houses convicted of fraud. She remained free on bail awaiting sentencing, but just eight weeks ago two new bombshells, did you think oh no, here we go, she avoided

jail

, it's a mistrial, do we have to start all this again?

I definitely thought that when I first heard it, uh, going back to the oh, you can't make this stuff up here's one more twist that You say, "Oh my God, I can't believe yesterday the

founder

of healthcare startup Theranos, Elizabeth Holmes , was sentenced to 11 years in prison for defrauding investors of US$144 million. It's a sentence that Dr. Adam Rosendorf, the first, has no regrets about." lab director and whistleblower whose testimony helped put Elizabeth behind bars. I have no empathy for Elizabeth. I think she is the only person who can help herself. I don't think that even after she serves a sentence there will necessarily be a big Epiphany.

To her, Dr. Rosendorf may not have empathy for Elizabeth Holmes, but her empathy for her 18-month-old son almost gave Homes a get-out-of-

jail

-free card after six days on the stand and after an intense cross-examination. Adam made the baffling decision in August to reach out to Elizabeth Holmes. A decision that could have led to a mistrial. Can you explain what happened? Why did you end up going to Elizabeth Holmes' house? What was the point of that? I felt very guilty basically at the prospect of having a small child. Growing up without a mother, what was her intention simply for her to acknowledge what had happened in some way and her role in it to express sympathy towards her for the fact that her little boy would basically grow up alone? for a large part of the time? her lives, did you at any point think or understand the risk of what you were doing, that this could change everything?

No, I wasn't really thinking about that, I wasn't, I just wanted to talk to her like a human being so and so now that you know how you see what you did, um ill advised, Adam couldn't see Holmes but he did talk to his partner and father of her son, Hetalia Billy Evans. Holmes' lawyers appealed to the judge to overturn the guilty verdict. claiming that Dr. Rosendorf had told Billy that he was forced to embellish his testimony, the suggestion was that he had been pressured to paint things worse than they really were at Theranos at the time, that's what the defense presented, Is there any truth in that? prosecutors to make it look worse no, the facts spoke for themselves I didn't need to make anything up or sit there I didn't just need to be honest he also argued in court Dr.

Rosendorf's actions put his mental health at risk question that made his entire testimony was unsafe, but just a week and a half ago the judge determined that there was no need for a new trial to put his mental health into some type of Doubt which would then turn all of his testimony into some type of Doubt. It was like it was an affront to my dignity. It was um, it was despicable. I was shocked and disgusted. Do you regret showing up? Do you regret your role in this? No, I did the right thing and that's it.

I don't regret it, I don't eat it. No matter how difficult it was and it was like opening a can with a fork. I do not regret at all. I found him believable, that he really wanted to do the right thing for patients and do quality work and he was just really torn, watching in court day after day was a retired biotech executive and a cough that rules out much of what Holmes said in her defense as a cynical and desperate attempt to stay out of jail, including the revelation that she had been raped as a student. in addition to the allegation that she was coercively controlled by her former partner and Theranos CEO Sunny Balwani.

I think domestic abuse and the accusation or her saying she was raped at Stanford definitely generates sympathy, but once you think that someone has committed fraud and is capable of blatantly lying to people, it makes you suspicious of all the other angles to get a benefit like a lighter sentence, any comments to investors, most of you too, the need Camp houses had to reveal the Ayah is the timing of Elizabeth's second pregnancy, first noted just a month ago In an 11th Hour plea for leniency, the judge received photographs Friday of houses as new mother of her firstborn became pregnant with first child just before going to trial now pregnant with second child just before sentencing that cannot be apply to get further sentences and I mean, it's sad for your dog, but that doesn't seem to have anything to do with fraud and people paying a debt to society Elizabeth Holmes will be free until the end of April next year, when she will have to turn herself in to the jail.

She is still expected to appeal Holmes' conviction, and now her pending incarceration has given whistleblowers like Dr. Adam Rosendorf new meaning. of Liberty, how many regrets, if any, do you have, Adam, about running into Theranos? I think a lot of people were pretty much screwed the moment they set foot in that kind of smelly prefabricated building in Palo Alto, you know, the day I decided to quit smoking was the day I walked out of the

theranos

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