A documentary focused on notorious Silicon Valley founder Elizabeth Holmes is set to be released in theaters in October.
Who is Elizabeth Holmes?
Holmes, 42, founded Theranos. She claimed her startup developed a revolutionary medical device that could detect many diseases and conditions from a few drops of blood. But the technology never worked. The claims were false.
Theranos ceased operations in 2018.
What was Holmes convicted of?
A federal grand jury indicted Holmes and her former business partner Ramesh “Sunny” Balwani on fraud charges in June 2018.
Holmes’ trial ended in January 2022, and she was convicted of defrauding investors and acquitted of defrauding patients. She was sentenced to serve at least 11 years at the federal prison camp in Texas on May 30, 2023. She and Balwani were ordered to pay $452 million in restitution to fraud victims.
She began serving her 11-year sentence in May 2023 at a federal prison in Texas. She is expected to be released on March 19, 2032.
Balwani, 59, was sentenced to nearly 13 years in prison in California for his role in the scam and is set to be released in 2033.
Holmes tried to overturn her conviction, but the federal appeals court said she could not prove there were legal missteps during her trial.
What to know about the documentary
“You Can See Everything,” a documentary directed by Lance Oppenheim and Nathan Fielder that focuses on Holmes, will be released in theaters on Oct. 16.
According to the synopsis, a film crew documents Holmes’ every move 34 days before she’s sent to prison.
“What begins as an intimate portrait of an enigmatic felon soon becomes a mind-bending, three-year journey into the abyss,” the synopsis states.
