Theranos founder and fraudster Elizabeth Holmes’s story has puzzled the masses since her company’s founding technology was a process through which doctors could extract minimal blood from a patient for testing. The Washington, D.C., native has been accused of defrauding both investors and doctors and patients alike with her long-running scheme.
The Stanford University dropout founded Theranos in 2003. The company went defunct just three months after Holmes and the former chief operating officer were indicted for a criminal conspiracy to defraud investors, doctors, and patients through an elaborate, years-long hoax.
In the HBO documentary, several scientists and professors claim that Holmes’s purported invention is scientifically impossible. Elizabeth Holmes, the Theranos founder, seems to have had a history of using her lack of qualifications and false promises as an asset to convince professors/family friends.
Elizabeth Holmes now awaits a criminal trial in San Jose, California, for nine counts of wire fraud and two counts of conspiracy to commit wire fraud. The company she founded, Theranos, faced a number of scandals and currently has no headquarters.
The trial of the founder of Theranos, Elizabeth Holmes, has been postponed to allow her time to give birth. The Theranos founder still has not been.
What happened to Elizabeth Holmes now, the founder of Theranos?
And for that reason, the judge may not send Elizabeth to jail if he believes she would be depriving the child of a mother for many years. You make the call. Elizabeth Holmes recently gave birth to a baby girl.
Forbes has previously ranked Holmes as one of the youngest self-made female billionaires in the world but they subsequently assessed her net worth to be zero.