Disgraced Theranos CEO Elizabeth Holmes is due to report to a women’s prison camp located in Bryan, Texas, on Tuesday after being sentenced to spend 11 years behind bars for overseeing a blood-testing hoax that rocked Silicon Valley.
Disgraced Theranos founder and convicted fraudster Elizabeth Holmes looks bound for prison time after an appeals court Tuesday rejected her bid to remain free while she tries to overturn her conviction in a blood-testing scam. The former Silicon Valley star has
Disgraced Theranos founder and convicted fraudster Elizabeth Holmes claims that she still believes her tech startup could have revolutionized healthcare, adding that she is even now working on new inventions, saying, “I still feel the same calling to it as I always did.”
Disgraced Theranos founder Elizabeth Holmes’ prison sentence has been delayed. She was supposed to begin her 11-year prison sentence on Thursday, but she has dodged prison once again thanks to an appeal filed against her conviction.
A federal judge has denied disgraced Theranos founder Elizabeth Holmes’ request to remain free on bail while she tries to appeal her conviction for wire fraud.
Prosecutors say disgraced Silicon Valley star and Theranos CEO Elizabeth Holmes is living in a $13,000-per-month estate and showing “no remorse” after being sentenced to more than 11 years in prison for deceiving investors in the failed startup that promised to revolutionize blood testing.
The Democrats’ pending EAGLE Act that is being pushed by West Coast investors would create new corporate scandals by allowing more CEOs to hire more subordinate and silent visa-workers instead of outspoken American professionals.
Disgraced Theranos COO Ramesh “Sunny” Balwani was sentenced to nearly 13 years in prison on Wednesday for fraud following the blood-testing startup’s implosion. Balwani and his girlfriend Elizabeth Holmes were found guilty of defrauding investors with claims if miracle blood test technology that never worked.
Disgraced Theranos founder Elizabeth Holmes, who was recently found guilty on four counts of fraud and conspiracy after she duped investors with her blood-testing startup, is requesting a new trial.
A federal judge declined to overturn a jury’s guilty verdict against disgraced Theranos founder Elizabeth Holmes on Thursday, reports Associated Press.
Ramesh “Sunny” Balwani, the ex-boyfriend of Theranos founder Elizabeth Holmes who served as President and COO of her company, has been found guilty of conspiring with Holmes to defraud investors and patients who used the company’s bogus blood testing services.
Theranos whistleblower Tyler Shultz reportedly celebrated the verdict of disgraced Theranos founder and CEO Elizabeth Holmes by “popping champagne.” Shultz was a full-time employee of Theranos that quit after just eight months when he recognized that “it was clear that there was an open secret within Theranos that this technology simply didn’t exist.”
Biotech corporation Theranos, whose founder and CEO Elizabeth Holmes was convicted of fraud and conspiracy, used the United States government’s H-1B visa program to employ dozens of foreign workers “akin to indentured servitude,” reports reveal.
None of this fraud would have been possible had an unquestioning media not fawned all over Elizabeth Holmes with glowing interviews and magazine covers.
The establishment media on Tuesday morning ignored then-Vice President Joe Biden’s involvement with Elizabeth Holmes, the founder of Theranos.
The fraud conviction of former Theranos CEO Elizabeth Holmes confirms that even the biggest names in establishment politics, tech and global business are not immune to falling for somebody who over-promises but ultimately under-delivers.
A federal jury convicted former Theranos founder and CEO Elizabeth Holmes on four counts of fraud and conspiracy Monday, ending the lengthy trial in Silicon Valley of a woman once hailed by the media as the next Steve Jobs.
The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes is unable to reach a unanimous verdict on three of the 11 criminal counts she faces, according to a note from the panel read aloud in court.
Disgraced Silicon Valley whiz kid and former Theranos CEO Elizabeth Holmes admitted to doctoring lab reports with logos of pharmaceutical companies and sending them to Walgreens while pursuing a deal to put her blood-testing startup’s diagnostic machines in the pharmacy’s stores.
Disgraced Silicon Valley star and Theranos CEO Elizabeth Holmes unexpectedly took the witness stand, a move that carries considerable risk, late on Friday at her criminal trial for fraud.
Texts between disgraced Theranos CEO Elizabeth Holmes and her ex-boyfriend and former Theranos COO Ramesh Balwani have been revealed as both face charges of wire fraud and conspiracy. The disgraced CEO boasted that she was the “best businessperson of the year,” just a year before the company fell apart amidst allegations of widespread fraud.
BBC News recently outlined how the rise and fall of fraudulent blood-testing company Theranos led to an ongoing culture of overhyping and underdelivering in Silicon Valley.
A judge dismissed nine people from the jury pool in the Elizabeth Holmes fraud trial because they had not received a coronavirus vaccine.
Joe Biden visited and toured Theranos with CEO Elizabeth Holmes in 2015, just months before the Wall Street Journal revealed the company falsified information about their proprietary technology.
The criminal fraud trial against disgraced Theranos founder Elizabeth Holmes is set to begin this week.
Elizabeth Holmes, the disgraced former CEO of Silicon Valley darling Theranos, is reportedly considering claiming to have a “mental disease” as part of her legal defense in her criminal fraud trial.
Elizabeth Holmes has reportedly asked a federal judge to throw out the U.S. government’s case against the former Theranos CEO who was indicted in 2018 for multiple counts of wire fraud and conspiracy to commit wire fraud through Theranos, which claimed to be able to conduct a medical blood test from just a single drop of blood.
Theranos founder Elizabeth Holmes has reportedly been jilted by her own lawyers after the disgraced healthcare entrepreneur and erstwhile billionaire failed to pay them for their work in an ongoing civil case.
Disgraced former CEO Elizabeth Holmes will stand trial for her role in the now infamous collapse of her startup Theranos, which falsely claimed that it had revolutionized medical blood testing. She faces up to 20 years in prison for fraud, with her trial occurring next year.
Former Theranos CEO Elizabeth Holmes made a court appearance Friday after being indicted for a “massive fraud” in the blood-testing business that once made her the toast of Silicon Valley.
Theranos founder Elizabeth Holmes and Ramesh “Sunny” Balwani, the start-up’s former president, have been indicted on two counts of conspiracy to commit wire fraud and nine counts of wire fraud, the Justice Department announced Friday.
The CEO of blood-testing company Theranos, Elizabeth Holmes, has been charged alongside the company’s former President Ramesh Balwani with “elaborate, years-long fraud” by the Securities and Exchange Commission.
Theranos, the discredited blood testing biotech company, reportedly offered extra shares to investors in an attempt to convince them not to sue the company.
It was late morning on Friday, October 16, when Elizabeth Holmes realized that she had no other choice. She finally had to address her employees at Theranos, the blood-testing start-up that she had founded as a 19-year-old Stanford dropout, which was now valued at some $9 billion.
Disgraced Theranos Inc. founder and CEO Elizabeth Holmes has resigned from President Barack Obama’s Presidential Ambassadors for Global Entrepreneurship advisory board.
After 9 months of scandal, the U.S. Centers for Medicare & Medicaid Services (CMS) notified Theranos founder Elizabeth Holmes that she has now been banned from owning or operating any diagnostic laboratory for two years.
President Barack Obama will appear at Stanford University in Silicon Valley on Friday to be keynote speaker at the 2016 Global Entrepreneurship Summit (GES), which will highlight his commitment to building bridges to Muslim-majority countries around the world. Obama has
(AP) — Troubled blood-testing startup Theranos says it will continue serving customers through independent retail locations a day after the nation’s largest drugstore chain severed ties with the company.
Hollywood director Adam McKay has announced that he is working on a drama film starring Jennifer Lawrence that will focus on the life of disgraced Theranos CEO Elizabeth Holmes.
In an astounding fall from corporate and political grace, the net worth of celebrated tech “unicorn” CEO Elizabeth Holmes has fallen from $4.5 billion to zero.
