Friday, June 15, 2018

A Federal Grand Jury Has Indicted Kissinger-Connected Theranos Founder Elizabeth Holmes

""Elizabeth's iron determination and great intellectual ability turned me from a mild skeptic to an enthusiast. We are impressed with her commitment to lowering health costs and bring this advance to developing nations. Elizabeth may make a lot of money, but that is not her motivation."
-Henry Kissinger (USA Today, 2014)

Today via Business Insider:
Holmes, as well as former Theranos president Sunny Balwani are being charged with nine counts of wire fraud and two counts of conspiracy to commit wire fraud, stemming from allegations that the two engaged in a scheme to defraud investors and a separate scheme to defraud doctors and patients, the US Attorney's Office of the Northern District of California said Friday.
"Today's indictment alleges that through their company, Theranos, CEO Elizabeth Holmes and COO Sunny Balwani not only defrauded investors, but also consumers who trusted and relied upon their allegedly-revolutionary blood-testing technology," the Department of Justice said in a statement...At one point, [Theranos] was valued at $9 billion, but in recent months it has laid off most of its employees and is pleading with investors for more cash as it faces setbacks in the lab on its Zika test.
I have been reporting on her scam for years.

Even before the July 2014 story in The San Jose Mercury News that absurdly suggested that Theranos founder Elizabeth Holmes might be the next Mark Zuckerberg. See:

What is Henry Kissinger and Gang Up To Now?  (Jul 21, 2014 )

WOW: The Female Mark Zuckerberg? (Jul 23, 2014)

The Very Creepy, Kissinger Connected, Theranos (Jul 29, 2014)

Major Theranos Scandal Brewing; Henry Kissinger Involvement (Oct 15, 2015)

Theranos CEO: Company Is in a ‘Pause Period’ (Oct 21, 2015) 

BREAKING Theranos Lab Practices Pose "Immediate Jeopardy" to Patient Health, Regulators Say ( Henry Kissinger, Counselor) (Jan 27, 2016)

Forbes Slashes Kissinger-Connected, Theranos Founder Elizabeth Holmes' Net Worth From $4.5 Billion To Zero  (June 1, 2016)

Defense Secretary James Mattis was on the board.


1 comment:

  1. If they defrauded investors, doctors and patients, why aren't these people suing? The state has no legitimate interest in this alleged wrongdoing.