thewayne: (Default)
[personal profile] thewayne
Holmes, 39 years old, the convicted fraudsterfounder of Theranos, is serving an eleven year sentence for her fraud. She claimed her technology could take a small drop of blood and perform "hundreds" of blood tests for quite a variety of conditions.

It didn't.

In addition to her prison term, she has also been ordered to pay back FOUR HUNDRED AND FIFTY-TWO MILLION DOLLARS in restitution! That's going to be a lot of pizza deliveries when she gets out!

She has now been banned by the Department of Health and Human Services from ever participating in Medicare, Medicade, and any other health programs funded by the Feds.

But only for 90 years.

Maybe she can come up with some pretty clever life-extension tech that will let her outrun the ban.

https://arstechnica.com/science/2024/01/convicted-fraudster-elizabeth-holmes-barred-from-federal-health-programs/

Date: 2024-01-22 05:31 pm (UTC)
kaishin108: girl sitting by magicrubbish dw (Default)
From: [personal profile] kaishin108
She was pretty irresponsible to go thru all this and get pregnant. That poor child, sigh.
And what a scammer she was.

January 2026

S M T W T F S
    1 23
45678910
11121314151617
18192021222324
25262728293031

Most Popular Tags

Page Summary

Style Credit

Expand Cut Tags

No cut tags
Page generated Jan. 2nd, 2026 02:08 pm
Powered by Dreamwidth Studios