Fraud: Theranos / Elizabeth Holmes / Sunny Balwani
Posted: Tue Dec 05, 2023 4:24 pm
From another topic:
P.2 / Bankman-crickets / viewtopic.php?t=5159&start=10
2015 / Clinton Global Initiative / President Clinton speaks with Elizabeth Holmes and Jack Ma (2015 CGI Annual Meeting) / 37min
Not present, Elizabeth’s partner and lover:
2021 / 60 Minutes Australia / Elizabeth Holmes exposed: The $9 billion medical ‘miracle’ that never existed / 27min
P.2 / Bankman-crickets / viewtopic.php?t=5159&start=10
temporal1 wrote: ↑Sat Nov 19, 2022 1:41 am More creepiness.
“Theranos founder Elizabeth Holmes jailed for fraud”
Theranos founder Elizabeth Holmes has been sentenced to over 11 years in prison for defrauding investors in her blood testing start-up that was once valued at $9bn (£7.5bn).
https://www.bbc.com/news/world-us-canada-63685131Everything in this report is awful.The former Silicon Valley star falsely claimed the technology could diagnose disease with just a few drops of blood.
Holmes, 38, who is pregnant, tearfully told the court she felt "deep pain" for those misled by the scam.
She was found guilty in January after a three-month trial.
E Homes was a Stanford University dropout, Sam Bankman-Fried is the son of two Stanford U. law professors.
Serious heart issues may be the norm rather than the exception in these rarified circles.
Elizabeth Holmes: From tech star to convicted fraudster
She has a child and is expecting another.Holmes is expected to appeal against the sentence, which was handed down on Friday in a California court.
Once hailed as the "next Steve Jobs", she was at one time said to be the world's youngest self-made billionaire.
She launched Theranos after dropping out of Stanford University at age 19, and its value rose sharply after the company claimed it could bring about a revolution in the diagnosal of disease.
But the technology Holmes touted did not work and - awash in lawsuits - the company was dissolved by 2018.
2015 / Clinton Global Initiative / President Clinton speaks with Elizabeth Holmes and Jack Ma (2015 CGI Annual Meeting) / 37min
Listening to fraudsters can be hypnotic. And frightening. Two, side-by-side, fascinating. And frightening.Description:
A special conversation on “The Future of Equality and Opportunity" with with President Clinton and Founder and CEO of Theranos Elizabeth Holmes and Executive Chairman of the Alibaba Group Jack Ma, during the Closing Plenary Session of the 2015 Clinton Global Initiative (CGI) Annual Meeting
Not present, Elizabeth’s partner and lover:
^^The press seems more interested in Elizabeth than Sunny, but, my perception is, they were fully in it together.Sunny Balwani:
On July 7, 2022, Balwani was found guilty on all counts and faced up to 20 years in prison and millions of dollars in restitution. He received a sentence of 12 years 11 months in prison, plus three years of probation on December 7, 2022.
2021 / 60 Minutes Australia / Elizabeth Holmes exposed: The $9 billion medical ‘miracle’ that never existed / 27min