The downfall of Elizabeth Holmes Is the young billionaire going to jail
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MR NEWS
11 Jun 2024
The promise was a health care revolution The reality was a bloody lie When Elizabeth Holmes claimed she'd invented a device that with a pinprick of blood could diagnose hundreds of medical conditions she became the darling of Silicon Valley Holmes along with her business partner and ex-lover Sunny Balwani then set about duping investors to bankroll their multi-billion dollar company Theranos But what the couple didn't count on was the courage of two of their own staff who knew the blood machine didn't work and knew they had to tell the world Now Holmes and Balwani have been found guilty of fraud and could face decades in jail
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