 Theralis founder Elizabeth Holmes has been convicted of defrauded investors after a month's long landmark trial in California. Prosecutor said Holmes knowingly lied about technology she said could detect diseases with a few drops of blood. Juris found Holmes guilty of four charges including conspiracy to commit fraud against investors and three counts of wire fraud. She denied the charges which carry a maximum prison sentence of 20 years each. Further hearing has been scheduled for next week. Theralis at one point valued at $9 billion was once the darling of Silicon Valley. The firm promised it would revolutionize the healthcare industry but its claims rather began to unravel in 2015 after a Wall Street journal investigation reported that its core blood tests and technology did not work. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.