Theranos founder Elizabeth Holmes charged with massive, ‘years-long fraud’

Years after it was reported that the SEC was looking into improprieties at the once high-flying blood-testing company Theranos, its founder, Elizabeth Holmes, and the company’s former president, Ramesh “Sunny” Balwani, have been formally charged with massive fraud by the agency. The charge, more precisely: that the two raised more than $700 million from investors … Continue reading Theranos founder Elizabeth Holmes charged with massive, ‘years-long fraud’