Graybeard
Well-Known Member
"The jury agreed that Holmes intentionally defrauded investors out of millions, but many doubt the verdict will change the startup world's fake-it-till-you-make-it culture"
"After a monthslong trial and a week of deliberations, a jury has found onetime billionaire and Theranos CEO Elizabeth Holmes guilty on four of 11 charges of defrauding company investors and patients.
Holmes founded the biotech startup when she was just 19, claiming she had invented a way to scan for hundreds of diseases with just a drop or two of blood from a single finger prick. Her investors and board members included big names, like former Secretary of State Henry Kissinger and retired four-star general and former Defense Secretary James Mattis."
Now that's a big time scammer.
"After a monthslong trial and a week of deliberations, a jury has found onetime billionaire and Theranos CEO Elizabeth Holmes guilty on four of 11 charges of defrauding company investors and patients.
Holmes founded the biotech startup when she was just 19, claiming she had invented a way to scan for hundreds of diseases with just a drop or two of blood from a single finger prick. Her investors and board members included big names, like former Secretary of State Henry Kissinger and retired four-star general and former Defense Secretary James Mattis."
Now that's a big time scammer.