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“Theranos founder Elizabeth Holmes sentenced to 11 years in prison for fraud” Elizabeth Holmes, the disgraced Theranos founder who was once compared to Steve Jobs before she was convicted of defrauding investors who backed the now-defunct blood-testing company, was sentenced to more than 11 years in prison on Friday. The pregnant Holmes, dressed in a…
“Elizabeth Homes denied new trial, set to be sentenced Nov. 18” Convicted Theranos founder Elizabeth Holmes was denied a new trial and will be sentenced in less than two weeks. US District Judge Edward Davila ruled against her request Monday, finding that Holmes’ team had failed to introduce material new evidence or prove government misconduct that…
“Theranos’ Elizabeth Holmes won’t testify in Sunny Balwani trial” Disgraced Theranos founder Elizabeth Holmes reportedly won’t be called to testify during the ongoing fraud trial of her former boyfriend and alleged co-conspirator Ramesh “Sunny” Balwani. Holmes’ potential testimony in the case – months after she was convicted on multiple counts of fraud while running the…
“Elizabeth Holmes, Sunny Balwani were ‘partners’ in fraud: feds” Federal prosecutors came out firing in the fraud trial of former Theranos executive Ramesh “Sunny” Balwani on Tuesday – alleging he and ex-lover Elizabeth Holmes worked closely together in a scheme to mislead investors about the blood-testing startup’s business. Federal prosecutor Robert Leach argued that Balwani…
“Ex-Theranos boss Sunny Balwani sells home he shared with Elizabeth Holmes” The posh home in northern California where disgraced ex-Theranos executives Ramesh “Sunny” Balwani and Elizabeth Holmes maintained their clandestine love affair for a decade has been sold. The house in the upscale Silicon Valley enclave of Atherton, Calif. was sold by Balwani this past…
“Elizabeth Holmes’ ‘abusive’ ex faces trial for Theranos ‘fraud’” For a while, it was always Sunny in Silicon Valley. From 2009 until 2016, Ramesh “Sunny” Balwani — then the boyfriend of Elizabeth Holmes and president of her buzzy Theranos, Inc. — seemed to be everywhere in his puffy-sleeved shirts: traveling the world on behalf of…
“#Why we can’t stop watching scammers: ‘Tinder Swindler’ to ‘Anna’” The con is on. In this, the Year of the Scammer, grift is king. Just weeks after America’s most captivating con artist Elizabeth Holmes was convicted of ripping off investors at her criminal trial, Netflix debuted two blockbuster shows about flagrant fraudsters. “The Tinder Swindler,”…
“#Theranos whistleblower toasted Elizabeth Holmes verdict” The ex-Theranos employee who blew the whistle on fraud at the blood-testing company where his grandfather — former Secretary of State George Shultz — was a board member says he popped a bottle of Champagne when he heard of Elizabeth Holmes’ conviction. Tyler Shultz said he felt vindicated after…
“#Elizabeth Holmes juror reveals reason he convicted Theranos scammer” One of the jurors in Theranos fraudster Elizabeth Holmes’ trial said the panel convicted her because as CEO, “everything went through her.” Wayne Kaatz, who served as juror No. 6 during the trial, said the jury decided Holmes was guilty of defrauding investors in the failed…
“#Joe Biden visited Theranos, called Elizabeth Holmes ‘inspiring’” Count President Joe Biden among the political elites who fell under the spell of Theranos and its founder Elizabeth Holmes, the former Silicon Valley star who was convicted of defrauding investors on Monday. Then-Vice President Biden visited Theranos’ California headquarters in 2015, sitting next to its turtlenecked…