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Lawyers for Theranos founder Elizabeth Holmes and company President Ramesh "Sunny" Balwani on Tuesday urged a federal appeals court to overturn their convictions for defrauding investors in the ...
Biotech CEO who relied on multiple aliases sentenced to 7 years in prison for Theranos-like $28 million fraud involving a fake finger-prick Covid test Amanda Gerut April 13, 2024 at 12:45 PM
Dawn breaks at the Federal Prison Camp where Elizabeth Holmes, the former founder and CEO of Theranos, is expected to arrive to begin her 11 year sentence for fraud relating to the defunct company ...
Theranos lab director Adam Rosendorff stands outside of the Robert F. Peckham U.S. Courthouse after speaking on the stand during the Theranos trial, in San Jose, California, U.S., October 6, 2021.
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 $9 billion valuation at its peak in 2013 and 2014.
Column: The Theranos verdict won't stop investors from pouring money into the next big fraud January 3, 2022 at 7:31 PM Elizabeth Holmes, founder and chief executive of Theranos, at a 2015 ...
Elizabeth Holmes was born on February 3, 1984, in Washington, D.C. [12] Her father, Christian Rasmus Holmes IV, was a vice president at Enron, an energy company that later went bankrupt after an accounting fraud scandal.
On June 15, 2018, following an investigation by the U.S. Attorney's Office for the Northern District of California in San Francisco that lasted more than two years, a federal grand jury indicted Holmes and former Theranos chief operating officer and president, Ramesh "Sunny" Balwani, on nine counts of wire fraud and two counts of conspiracy to commit wire fraud.