"Female version of Jobs", real name Elizabeth Holmes (Elizabeth Holmes), graduated from Stanford University (out of school), founded the innovative blood testing company Theranos, and served as the company's CEO, at the age of 30 became Forbes Global 400 Richest Women ranks, a proper life winner. But she is indeed a big liar of the century, defrauding many famous investment institutions and individuals, such as Dejefeng and Oracle founder Larry Ellison, media tycoon Rupert Murdoch, etc., raising more than $400 million, the company's valuation once exceeded $9 billion, and her personal net worth once exceeded $4.5 billion.
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Theranos, an innovative blood testing company, claims to have invented a machine that can do hundreds of blood tests with a single drop of blood and a fraction of the cost, which is a disruptive invention that, as the company's slogan "changes the world," and if it really does, it is possible to change the world. The aura of a prestigious school and a flickering mouth have raised $400 million.
After more than a decade of smooth sailing, the real crisis came in October 2015, when the Wall Street Journal published an investigative report on Theranos, which pointed out that Theranos' blood test was complete bullshit, questioning whether the product was real and the authenticity of the test, and in the face of the report, Elizabeth Holmes even shouted the slogan "Carreiro (Wall Street Journal reporter, fuck you" in anger. As the incident continued to unfold, the U.S. Food and Drug Administration (FDA) and the Centers for Medicare and Medicaid Services (CMS) launched an in-depth investigation of Theranos, which found that the Theranos test results were inaccurate and provided false test results to nearly 100 patients. This was followed by a thunderstorm of punishment.
In June 2018, Elizabeth Holmes stepped down as CEO. On the same day, the U.S. Department of Justice announced that a federal grand jury had announced charges against her. Three months later, the company collapsed. During the trial, due to the epidemic, pregnancy and other reasons, the trial was postponed to September 2022, and after a 15-week trial, on November 18, 2022, a jury in the US federal court ruled that Elizabeth Holmes was convicted of fraud and sentenced to 11 years and 3 months (135 months) in prison, and after being released from prison, she will be supervised for three years. This is the end of the great scam of the century.
Through Elizabeth Holmes and the company she founded, we also have many questions, can so many medical experts and scholars and government officials not find their fraud for more than a decade? And there are countless celebrities who have given her a platform, including former President Bill Clinton, former Secretary of State Henry Kissinger and George Schultz, are these politicians fools? And so many professional investment institutions and well-known company founders are idiots?
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