Elizabeth Holmes, a young female entrepreneur who has sensationalized the United States in previous years, has always enjoyed the reputation of the "female version of Jobs" in the industry, with a net worth of $4.5 billion at its peak. And she is most "talked about" by the innovative blood testing company Theranos, who Elizabeth herself is the founder and CEO of the company.
On June 1, 2016, Forbes cut Holmes' net worth valuation to zero from $4.5 billion in 2015. Theranos, a medical high-tech blood diagnostic company she founded, is under investigation by multiple agencies for alleged fraud in the company's core business. On March 14, 2018, Elizabeth Holmes was charged by the U.S. Securities and Exchange Commission with "mass fraud" involving $700 million. Holmes did not admit or deny the charges, but relinquished primary voting control of the company, agreeing to pay a $500,000 fine and a 10-year ban on senior management positions in U.S. public companies.
On January 4, 2022, a U.S. jury ruled Monday local time that the highly popular Elizabeth Holmes had conspired to defraud investors. Previously, it attracted a lot of investment because it claimed that the company's technology could achieve "blood drops to detect cancer".
According to Sina VR, Elizabeth was charged with a total of 11 crimes this time, of which 4 were convicted, 4 were not convicted, and the result of 3 other crimes was that the jury could not make a decision. In the eyes of American legal circles, Elizabeth faces up to 20 years in prison unless she can overturn her charges on appeal. However, because of the precedent of this type of case, and Elizabeth's own lack of previous convictions and her first mother at the age of 38, her final sentence may be much less than 20 years.
In fact, the case began its first trial in September 2020, when Elizabeth was accused of making false statements and channeling investors with blood testing techniques that failed professional vetting, thereby absorbing a large amount of money.
As the central figure in the case, Elizabeth founded Theranos in 2003 after dropping out of Stanford University in the United States, and publicized that she had mastered a very forward-looking technology that could be widely applied: by collecting a few drops of blood from the fingertips, diseases such as high cholesterol and cancer could be detected by special instruments. After a series of packaging and hype, Theranos attracted the attention of many investors, large investments poured in, and Elizabeth Holmes herself was also called the "female version of Jobs" by the technology and media circles.
However, the good times were short-lived, and just when Elizabeth was in the ascendant, some American media exposed that her patented technology may be a scam. In 2016, Theranos' blood test license was revoked, and the famous magazine Forbes valued her from $4.5 billion to $0.