By Jody Godoy (Reuters) – Theranos founder Elizabeth Holmes will begin serving her prison sentence on May 30 for defrauding investors in the failed blood-testing startup once valued at $9 …
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Conservative TimesPoliticsTop HeadlinesTrending News
Former Executive At Theranos Receives Harsher Prison Sentence Than Elizabeth Holmes
Balwani started working at Theranos in 2009 while already dating Holmes in secret, according to NBC News. Prosecutors labelled him an “equal participant” in the company’s false technological claims, while …
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Department of Justice Press Releases
U.S. Government Seeks Information From Victims Of Theranos Frauds
by DOJ Pressby DOJ PressSAN JOSE, CALIF. – The United States Attorney’s Office for the Northern District of California and law enforcement agencies have issued a call for information from victims of frauds perpetrated …
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Department of Justice Press Releases
Theranos Chief Operating Officer Ramesh “Sunny” Balwani Found Guilty Of Conspiracy, Wire Fraud
by DOJ Pressby DOJ PressSAN JOSE – A federal jury found Ramesh “Sunny” Balwani guilty of two counts of conspiracy and ten counts of wire fraud though a multi-million-dollar scheme to defraud investors and …
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Department of Justice Press Releases
Theranos Founder Elizabeth Holmes Found Guilty Of Investor Fraud
by DOJ Pressby DOJ PressSAN JOSE – A jury found Elizabeth A. Holmes guilty of one count of conspiracy and three counts of wire fraud in connection with a multi-million-dollar scheme to defraud investors …
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A jury found former biotechnology CEO Elizabeth Holmes guilty Monday on four counts of fraud-related charges. Holmes founded and served as CEO of Theranos, a medical technology startup that manufactured …