Elizabeth Holmes
According to the indictment the charges stem from allegations that Holmes and Balwani engaged in a multi-million-dollar scheme to defraud investors and a separate scheme to defraud doctors and patients. Find out what the indicted Theranos founder has been.
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The markets only gotten weirder since Theranos.
. By Elizabeth Lopatto mslopatto Jan 5. She was once dubbed the youngest self-made woman billionaire but concerns about Theranoss business practices caused her to give up control of the company. Elizabeth Holmes founder of the failed biotech start-up Theranos was found guilty of four counts of defrauding investors on Monday.
Elizabeth Holmes and her partner Billy Evans make their way to court where jurors heard the former CEOs explanations for her companys failure. Holmes et al No. 18-CR-00258-EJD is an ongoing United States federal criminal fraud case against the founder of now-defunct corporation Theranos Elizabeth Holmes and its former president and COO Ramesh BalwaniThe case alleged that Holmes and others perpetrated multi-million dollar wire-fraud schemes to defraud investors and patients.
Elizabeth Holmes verdict wont change Silicon Valley. Elizabeth Holmes American entrepreneur who was founder and CEO 200318 of the medical diagnostic company Theranos Inc. Its one of the most valuable Silicon Valley startups and has come under fire recently.
Jim Cramers exclusive to hear what she has to say about the accusat. She later was convicted of fraud. The Silicon Valley executive.
Elizabeth Holmes and Ramesh Sunny Balwani are charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud. Elizabeth Holmes pleaded not guilty in June 2018 and appeared in federal court on Monday to find out if the judge has set a date for her trial.
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