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Federal Prison Camp, Bryan. Elizabeth Anne Holmes (born February 3, 1984) is an American biotechnology entrepreneur who was convicted of fraud in connection with her blood-testing company, Theranos. [2] The company's valuation soared after it claimed to have revolutionized blood testing by developing methods that needed only very small volumes ...
Edward J. Davila. United States v. Elizabeth A. Holmes, et al., (No. 18-CR-00258-EJD) [1] was a United States federal criminal fraud case against the founder of now-defunct corporation Theranos, Elizabeth Holmes, and its former president and COO, Ramesh Balwani. The case alleged that Holmes and Balwani perpetrated multi-million dollar wire ...
Theranos Inc. (/ ˈ θ ɛr. ə n. oʊ s /) was an American privately held corporation [5] that was touted as a breakthrough health technology company. Founded in 2003 by then 19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors, resulting in a $10 billion valuation at its peak in 2013 and 2014.
A jury convicted Holmes, who was CEO throughout the company's turbulent 15-year history, on two counts of wire fraud and two counts of conspiracy to commit fraud after seven days of deliberation.
Former CEO Elizabeth Holmes was convicted Monday of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and ...
July 10, 2024 at 12:57 PM. By Kanishka Singh. WASHINGTON (Reuters) -The former CEO of healthcare software company SCWorx Corp was found guilty of investor fraud for falsely stating the company was ...
Eric Poehlman (US), a former Professor in the Department of Medicine at the University of Vermont, was convicted in 2005 of grant fraud after falsifying data in as many as 17 grant applications between 1992 and 2000. He was the first academic in the United States to be jailed for falsifying data in a grant application.
The chief of staff of a Chinese businessman sought by the government of China pleaded guilty to conspiracy charges on Friday, weeks before her boss goes to trial in New York in a $1 billion fraud ...