The Democrat darling who fashioned herself after Steve Jobs and spoke in a fake voice has been found guilty of fraud.
Disgraced former Theranos CEO Elizabeth Holmes successfully fooled the DC elite like Henry Kissinger, Jim Mattis, George Shultz, Richard Kovacevich, William Perry, and William Foege.
Joe Biden called Theranos the “laboratory of the future.”
“You can see what innovation is all about just walking through this facility,” Biden said.
Everything Joe marveled at was fake.
Holmes, 37, was charged with 11 criminal counts alleging she duped investors and patients by hailing her company’s blood-testing technology as a medical breakthrough. Theranos claimed that just a few drops of blood taken from a figure prick with their miniLab device could detect a myriad of diseases and medical conditions.
In reality, the miniLab – black plastic box – was prone to an incredible amount of errors but that didn’t stop her from fooling her board of directors that encompassed the DC elite.
Here’s our latest cover. Read all about blood diagnostics company Theranos here: http://t.co/mlY2bOEj2w pic.twitter.com/Bbwkrt9w1X
— FORTUNE (@FortuneMagazine) June 12, 2014
Then-President Obama named Holmes a Presidential Ambassador for Global Entrepreneurship in July of 2015.
George Shultz told Roger Parloff from Fortune magazine that, “Everywhere you look with this young lady, there’s a purity of motivation. I mean she really is trying to make the world better, and this is her way of doing it.”
Mattis told Parloff that Holmes “has probably one of the most mature and well-honed sense of ethics—personal ethics, managerial ethics, business ethics, medical ethics that I’ve ever heard articulated.”
“The @POTUS and I share your vision of a health care paradigm focused on prevention.” – @VP Biden #ownyourhealth pic.twitter.com/ya7eCJlKE3
— Theranos (@theranos) July 23, 2015
Holmes fooled them all, including her fake voice.
From the Wall Street Journal:
The jurors convicted Ms. Holmes on the three counts related to the largest investments. These included about $100 million from a family office of former Education Secretary Betsy DeVos; $38 million from PFM Health Sciences LP, a hedge fund that invested $96 million in Theranos and recovered $43 million in a 2016 civil lawsuit against the company; and about $6 million from Daniel Mosley, a former estate lawyer who connected Theranos to his wealthy clients, who invested nearly $380 million dollars into Theranos.
…
The jury wasn’t fully convinced by testimony from other investors who said they had invested even after Ms. Holmes rebuffed their requests for more information, which defense lawyers said showed negligence on their part.
Ms. Holmes was exonerated on all accounts related to patients. Testimony from the three patients who received what they called false test results was limited, and the role of their healthcare providers in ordering and interpreting their tests may have also tripped up jurors, legal experts say.
Once again the DC elite has proven that they are dumber than dirt.
Wall Street Journal | Breitbart News
