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ELIZABETH HOLMES, SHE PLAYED THE AMERICAN SYSTEM. WHY HER SCAM WAS SO SUCCESSFUL FOR SO LONG.
Posted
December 28, 2022
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51
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December 28, 2022
51
1
1.96%
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30:21Now PlayingELIZABETH HOLMES, THE YOUNEST FAKE BILLIONAIR
Born February 3, 1984, In 2003, SHE founded and was the chief executive officer of Theranos, a health technology company that soared in valuation after the company claimed to have revolutionized blood testing by developing methods that could use surprisingly small volumes of blood, such as from a fingerprick. By 2015, Forbes named Holmes the youngest and wealthiest self-made female billionaire in America on the basis of a $9-billion valuation of her company AT THE AGE OF JUST 31YEARS OLD. BUT On November 18, 2022, Elizabeth Anne Holmes was sentenced to serve 11+1⁄4 years OR 135 months in prison ON CHARGES OF defrauding investors, and acquitted of defrauding patients. WHAT HAPPENED TO TURN THIS YOUNG ENTREPRENEUR FROM YOUNEST SELF MADE SELF BILLIONIAIRE TO A CONVICTED FRAUDSTER. TO ANSWER THIS QUESTION, WE WILL NEED TO O BACK TO 38YEARS AGO.
CHAPTERS
1. EARLY LIFE
2. The Creation Of Theranos
3. Funding and Expansion
4. THE Downfall OF ELIZABETH HOLMES
5. THE CASES, U.S. v. Holmes, et al.
6. SOME INTERESTING THINGS ABOUT ELIZABETH HOLMES
7. CONCLUSION
For more than a decade Elizabeth Holmes spun a despicable bloody lie. She told the world she’d invented a medical miracle. It was a machine which, with a tiny drop of blood, could almost instantly diagnose myriad diseases. Holmes promised to revolutionise healthcare, and in doing so fooled many wealthy investors. It led to her becoming a darling of Silicon Valley and an inspirational billionaire. But when whistle-blowers started questioning her claims, Holmes’ fairytale, along with her company Theranos, was destroyed. Earlier this year, Elizabeth Holmes was found guilty of fraud. Now it’s judgement day as she discovers her punishment.
FOR MORE INFORMATION
60 MINUTES AUSTRALIA DOCUMENTARIES AND VIDEOS ON ELIZABETH HOLMES
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#elizabethholmes #60minutesaustralia #Theranos #Siliconvalley #scam
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