Theranos founder and former CEO Elizabeth Holmes was found guilty on two counts of wire fraud and two counts of conspiracy to commit fraud by a jury on Monday.
Holmes faces up to 20 years in prison for each guilty count.
She was also found not guilty on four counts of fraud, but the jury returned a split verdict on a further three. The jury said they were “unable to come to a unanimous verdict on three of the counts,” after more than 45 hours of deliberation.
The jurors began deliberating on December 20, weighing a total of 11 fraud charges.
Holmes misled people into investing millions of dollars into her blood-testing startup Theranos, which she said was able to diagnose multitudes of diseases with just a small finger prick, before it was discovered that the technology had never worked as promised and produced misleading results, AP reports.
