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Theranos CEO Elizabeth Holmes hit with federal criminal fraud charges

Elizabeth Holmes, the high-profile but secretive founder of blood testing company Theranos Inc., and her second in command, Ramesh "Sunny" Balwani, were charged with federal wire fraud, according to a grand jury indictment unsealed Friday. Holmes, who s.....»»

Category: topSource: bizjournalsJun 17th, 2018

Theranos founder Holmes, former president indicted for fraud

(Reuters) - Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company's former president were indicted on charges that they engaged in schemes to defraud investors, doctors and patients, the U.S. Justice Department announced on Friday......»»

Category: topSource: reutersJun 15th, 2018

Theranos founder reportedly seeks investors for new company

Elizabeth Holmes, the founder and CEO of the embattled blood-testing startup Theranos, was charged with "massive fraud" by US regulators earlier this year. Now, she's looking for investors for a new startup......»»

Category: topSource: moneycentralJun 11th, 2018

Theranos founder Elizabeth Holmes charged with fraud

The Securities and Exchange Commission in March accused Holmes of "massive fraud" in connection with Theranos......»»

Category: topSource: moneycentralJun 15th, 2018

Theranos founder Elizabeth Holmes charged with fraud

The Securities and Exchange Commission in March accused Holmes of "massive fraud" in connection with Theranos......»»

Category: topSource: moneycentralJun 15th, 2018

Elizabeth Holmes indicted on wire fraud charges, steps down from Theranos

Theranos founder Elizabeth Holmes has been indicted on federal wire fraud charges, the office of the United States Attorney for the Northern District of California announced Friday......»»

Category: topSource: cnnJun 15th, 2018

U.S. Charges Theranos Founder Holmes, Former No. 2 With Fraud

Federal prosecutors filed criminal fraud charges against Theranos founder Elizabeth Holmes and the blood-testing company’s former No. 2 executive......»»

Category: topSource: wsjJun 15th, 2018

Blood-testing company Theranos will dissolve, pay creditors

Theranos is officially dissolving, shareholders have been told. The Blood-testing firm's founder Elizabeth Holmes was charged with frau.....»»

Category: topSource: usatodaySep 5th, 2018

The former Theranos executive that"s been charged with fraud along with founder Elizabeth Holmes is pushing back

"60 Minutes" Former Theranos president Sunny Balwani has been charged with fraud by both the SEC and the DOJ. Balwani's lawyer, Jeffrey Coopersmith, told Business Insider that this is an "odd case," b.....»»

Category: topSource: businessinsiderJun 20th, 2018

Theranos founder Elizabeth Holmes has been charged with wire fraud — here"s how much jail time she could face

WSJ Theranos founder Elizabeth Holmes and former Theranos president Sunny Balwani have been charged with nine counts of wire .....»»

Category: topSource: businessinsiderJun 15th, 2018

Theranos founder Elizabeth Holmes and former president Balwani charged with federal fraud

Theranos founder Elizabeth Holmes, who turned an aversion to needles into a start-up that promised to revo.....»»

Category: topSource: usatodayJun 15th, 2018

Theranos Founder Elizabeth Holmes Charged With Wire Fraud

Theranos Inc. founder Elizabeth Holmes, who reigned briefly as the world’s youngest female self-made billionaire over her promise to revoluti.....»»

Category: topSource: timeJun 15th, 2018

U.S. Charges Theranos Founder Elizabeth Holmes, No. 2 Ramesh Balwani

Federal prosecutors filed criminal charges against Theranos Inc. founder and Chief Executive Elizabeth Holmes and the blood-testing company’s former No. 2 executive......»»

Category: topSource: wsjJun 15th, 2018

Theranos founder Elizabeth Holmes dodges class-action investor lawsuit

A federal judge has ruled that a group of indirect investors in the failed blood-testing startup Theranos cannot file a class-action lawsuit against the company. The group included more than 200 people who invested in funds between July 2013 and Oct.....»»

Category: topSource: bizjournalsJun 4th, 2018

Market Extra: Tim Draper says Theranos founder charged with fraud is an ‘icon’ who did ‘a great job’

Tim Draper, a prominent Silicon Valley venture capitalist, again defends Elizabeth Holmes and fraudulent health-care startup Theranos......»»

Category: topSource: marketwatchMay 10th, 2018

The rise and fall of Theranos" Elizabeth Holmes

Elizabeth Holmes started Theranos at age 19 and became the world's youngest female billionaire. But 15 years later, she was charged with massive fraud......»»

Category: topSource: moneycentralApr 25th, 2018

Theranos founder Elizabeth Holmes reportedly asked investors for cash to save the company from a sale or default

Jeff Chiu/AP Theranos CEO Elizabeth Holmes is asking her inve.....»»

Category: topSource: businessinsiderApr 11th, 2018

Silicon Valley startup Theranos is shutting down for good

Theranos, the Silicon Valley startup whose founder faces fraud charges, is preparing to wind down its business, according to reports......»»

Category: topSource: cnnSep 5th, 2018

Theranos" bloody tale nears end with decision to shut down

Theranos Inc., the once high-flying company whose principals face federal fraud charges over its blood-testing technology, reportedly will shut down after paying unsecured creditors with its remaining cash. The company — led by Stanford University.....»»

Category: topSource: bizjournalsSep 5th, 2018

Theranos is shutting down for good

Theranos, the Silicon Valley startup whose founder faces fraud charges, is preparing to wind down its business, according to reports......»»

Category: topSource: cnnSep 5th, 2018