The fraud conviction of former Theranos CEO Elizabeth Holmes confirms that even the biggest names in establishment politics, tech and global business are not immune to falling for somebody who over-promises but ultimately under-delivers.
Holmes was found guilty on Monday of duping investors into believing her company Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood.
She could now face up to 20 years in prison for each charge, although legal experts say she is unlikely to receive the maximum sentence, as Breitbart News reported.
So who was behind her? Who provided the tens of millions of dollars necessary to underwrite what the court found was a massive, overarching lie