Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Theranos founder Elizabeth Holmes charged with criminal fraud, conspiracy
Chicago Tribune ^ | 6/16/18 | By Ken Sweet

Posted on 06/16/2018 10:09:03 AM PDT by NohSpinZone

Federal prosecutors indicted Elizabeth Holmes on criminal fraud charges for allegedly defrauding investors, doctors and the public as the head of the once-heralded blood-testing startup Theranos. Federal prosecutors also brought charges against the company's former second-in-command.

Holmes, who was once considered a wunderkind of Silicon Valley, and her former Chief Operating Officer Ramesh Balwani, are charged with two counts conspiracy to commit wire fraud and nine counts of wire fraud each, the U.S. Attorney's Office for the Northern District of California said late Friday. If convicted, they could face prison sentences that would keep them behind bars for the rest of their lives, and total fines of $2.75 million each.

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: california; clinton; elizabethholmes; healthcare; prison; theranos; wirefraud
Navigation: use the links below to view more comments.
first previous 1-2021-31 last
To: NohSpinZone

She’s only 34, but could be facing decades in prison.

Was it really worth it? For some lousy geld?


21 posted on 06/16/2018 11:57:25 AM PDT by canuck_conservative
[ Post Reply | Private Reply | To 1 | View Replies]

To: NohSpinZone

A big obamaphile too.


22 posted on 06/16/2018 12:03:24 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NohSpinZone

Good. Didn’t she recently go thru some other proceeding where she only had to pay a $500,000 fine?

What is so amazing about all of this, is how the Left has brainwashed the masses to such an extent that they don’t care when one of their own is as corrupt as the day is long. All they care about are the greedy “Republican” CEOs, of which there aren’t many, and how they exploit every person on the planet for their own fortune.


23 posted on 06/16/2018 12:19:02 PM PDT by qaz123
[ Post Reply | Private Reply | To 1 | View Replies]

To: vette6387

That town consists of a gas station with gambling.

I was there in April.


24 posted on 06/16/2018 12:31:16 PM PDT by eyedigress ((Old storm chaser from the west))
[ Post Reply | Private Reply | To 16 | View Replies]

To: ConservativeMind

Yeah, financial problems.

Not the same as outright fraud.


25 posted on 06/16/2018 12:36:22 PM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
[ Post Reply | Private Reply | To 17 | View Replies]

To: NohSpinZone

More ID Politics crooks and connivers

But hey, white males are the problem


26 posted on 06/16/2018 12:39:28 PM PDT by A_Former_Democrat (Samantha BeeITCH . . . BOYCOTT CANADIAN Travel & Products BUY AMERICAN)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kanakabaraka

Yup, right around at the 8 minute mark:

https://www.youtube.com/watch?v=rGfaJZAdfNE

Thanks.


27 posted on 06/16/2018 12:50:57 PM PDT by Stalwart
[ Post Reply | Private Reply | To 19 | View Replies]

To: NohSpinZone

Wealthy, reasonably good looking, and a Clinton supporter. She has nothing to worry about.


28 posted on 06/16/2018 1:23:00 PM PDT by PAR35
[ Post Reply | Private Reply | To 1 | View Replies]

To: meowmeow

Bkmk


29 posted on 06/16/2018 1:32:28 PM PDT by meowmeow (In Loving Memory of Our Dear Viking Kitty (1987-2006))
[ Post Reply | Private Reply | To 27 | View Replies]

To: Liz

Are we hoping Holmes “knows something” she can share about Chelsea and Hillary?


30 posted on 06/16/2018 2:20:33 PM PDT by browniexyz
[ Post Reply | Private Reply | To 9 | View Replies]

To: ifinnegan

Googling is fun.


31 posted on 06/16/2018 3:22:11 PM PDT by Liz ( (Our side has 8 trillion bullets;the other side doesn't know which bathroom to use.)I wonder if th)
[ Post Reply | Private Reply | To 15 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-31 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson