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Theranos founder Elizabeth Holmes (center) arrives to attend her fraud trial at federal court in San Jose, California, U.S. January 3, 2022. REUTERS/Brittany Hosea-Small (Brittany Hosea-Small ...
Balwani, 57, faces a dozen wire fraud and conspiracy charges tied to his role as an executive in Theranos, which imploded after it became clear that its blood-testing technology did not work as ...
Her company, Theranos, vowed to revolutionize health care by conducting more than 200 diagnostic tests from a few drops of blood, and it counted luminaries such as Henry Kissinger as board members.
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.
Elizabeth Holmes is set to report to prison today to begin her 11-year sentence for the blood-testing scam at the heart of her start-up, Theranos.. Earlier in May, a federal appeals court rejected ...
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.
Those counts included three of fraud and one of conspiracy to defraud. ... "Theranos today is a potentially highly disruptive upstart in America's $73-billion diagnostic lab industry," he wrote. ...
Ian Gibbons (March 6, 1946 – May 23, 2013) was a British biochemist and molecular biology researcher who served as the chief scientist of the American company Theranos, which was founded by Elizabeth Holmes.