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Elizabeth Holmes

Elizabeth Holmes, founder of blood-analysis startup Theranos, charged with 'massive fraud'. The young founder of the biotech who vowed to remake the blood-analysis business was a billionaire on paper, but her promises never materialized. Now she is settling claims brought by the Securities and Exchange Commission, subject to court approval. Under an agreement with the SEC, without admitting guilt, she will pay a $500,000 penalty, be barred from serving as an officer or director of a public company for 10 years and return 18.9 million shares she amassed during the alleged fraud. Source 4h

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Holmes Elizabeth

Fresh blow for embattled CEO. Elizabeth Holmes was once worth more than $6 billion just four years ago but now she allegedly can’t afford to pay for her lawyers. Source 5x.

Elizabeth Holmes History & Civil Business Politics

Can't feel any pity for a person that scams their way into gaining billions of dollars from false promises.

Holmes Elizabeth

‘Insanity’: Blood fraudster’s new plan. A woman accused of running a massive alleged fraud for her blood testing startup has a new plan to try and beat the case. Source 2k.

Holmes Elizabeth

Nothing surprising about that it is the likely defense when all the evidence points to you as being guilty.

Elizabeth Holmes

Theranos founder Elizabeth Holmes found guilty on four charges including fraud and conspiracy in legal drama that captivated Silicon Valley. Holmes, who turned an aversion to needles into a start-up that promised to revolutionize blood testing, was found not guilty of four other felony charges. On the three remaining charges, the jury was deadlocked. She is accused of duping investors and patients about a flawed blood-testing technology that she hailed as a medical breakthrough. Source 3u.