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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.
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 founder Elizabeth Holmes, who was convicted in January on four counts of criminal fraud, is set to be sentenced today. She faces up to 20 years in prison.
Imprisoned at. 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 ...
More. SAN JOSE, Calif. (AP) — As Elizabeth Holmes prepares to report to prison next week, the criminal case that laid bare the blood-testing scam at the heart of her Theranos startup is entering ...
The lesson of Theranos and the conviction of Elizabeth Holmes is that even big-name investors can be fooled. ... Those counts included three of fraud and one of conspiracy to defraud.
338.7/681761. LC Class. HD9995.H423 U627 2018. Bad Blood: Secrets and Lies in a Silicon Valley Startup is a nonfiction book by journalist John Carreyrou, released May 21, 2018. It covers the rise and fall of Theranos, the multibillion-dollar biotech startup headed by Elizabeth Holmes. [1] The book received critical acclaim, winning the 2018 ...
At its peak, Theranos, which Holmes managed as CEO and promised would revolutionize healthcare, was valued at $9 billion, making Holmes at the time the world’s first self-made female billionaire.