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“#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…
“#Theranos founder Elizabeth Holmes found guilty on some fraud charges” A federal jury found Thernaos founder Elizabeth Holmes guilty of fraud on Monday. Holmes was unanimously found guilty of three counts of wire fraud and one count of conspiracy to commit wire fraud. She was found not guilty of four more charges and the jury…
“#Elizabeth Holmes jury fails to reach verdict as deliberations drag into sixth day” Jurors in Theranos founder Elizabeth Holmes’ fraud trial started their sixth day of deliberations on Wednesday, with Silicon Valley observers anxiously awaiting a verdict. Holmes is facing 11 fraud and conspiracy charges and up to 20 years behind bars for allegedly lying…
“#Jurors begin to weigh evidence in Elizabeth Holmes’ case” San Jose, Calif. — The jurors now responsible for assessing 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes are scheduled to begin their first full day of deliberations Monday. They have plenty of evidence to review after a three-month trial that captivated…
“#Elizabeth Holmes believed Theranos ‘would change the world,’ defense says ahead of verdict” Attorneys for Elizabeth Holmes made their last stand on Friday as jurors prepared to decide whether the Theranos founder is guilty of conspiracy and fraud. Federal prosecutors have portrayed Holmes as a crook and liar who defrauded investors out of nearly $1…
“#Elizabeth Holmes ‘chose fraud over business failure,’ prosecutors argue as verdict looms” The Feds made their final push to put Elizabeth Holmes behind bars on Thursday, telling jurors that the “criminal” founder of Theranos was guilty of perpetrating a massive fraud. “She chose fraud over business failure,” federal prosecutor Jeff Schenk told the jury. “She chose…
“#Elizabeth Holmes blasts ex Sunny Balwani in closing testimony” Disgraced Theranos founder Elizabeth Holmes closed the last day of testimony in her criminal fraud trial by once again bashing her ex-boyfriend and former No. 2 executive, alleging that his emotional abuse crimped her ability to run the company. The former CEO, who faces up to…
“#Disgraced ex-CEO Elizabeth Holmes takes the stand in her criminal fraud trial” SAN JOSE, Calif. — Fallen Silicon Valley star Elizabeth Holmes, accused of bamboozling investors and patients into believing that her startup Theranos had developed a blood-testing device that would reshape health care, took the witness stand Friday in her trial for criminal fraud….