Theranos Massive Fruad

Ignoramus
Ignoramus

Theranos founder Elizabeth Holmes charged with massive, ‘years-long fraud’

Silicon Valley's favorite blood-testing company Theranos, its founder, Elizabeth Holmes, and the company’s former president, Ramesh “Sunny” Balwani, have been formally charged with massive fraud by the agency.

The two raised more than $700 million from investors through an “elaborate, years-long fraud in which they exaggerated or made false statements about the company’s technology, business, and financial performance.”

Holmes has agreed to: pay a $500,000 penalty; be barred from serving as an officer or director of a public company for 10 years; return the remaining 18.9 million shares that she obtained during the fraud; and relinquish her voting control of Theranos.

Theranos board members have included retired four-star general Colin Powell, George Schultz, Richard Kovacevich, Riley Bechtel, Bill Frist and Sam Nunn.

Attached: Theranos-founder-Elizabeth-Holmes.jpg (191 KB, 1390x927)

All urls found in this thread:

en.m.wikipedia.org/wiki/Martin_Shkreli
en.wikipedia.org/wiki/Fleischmann's_Yeast

Stupidasole
Stupidasole

female CEO

why don't people learn?

haveahappyday
haveahappyday

Yeah but she didn't screw the Jews like Shkreli did so she gets a fine and goes on her way instead of going to jail.

iluvmen
iluvmen

Pajeet president

This was the real giveaway. Cheating is in their genes

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idontknow
idontknow

Seriously. Every successful female CEO doesn't go around blabbering about how she's a female CEO every 5 seconds. Every unsuccessful one, the opposite.

RavySnake
RavySnake

women inventing anything
i mean christ, she dropped out at 19 years old and people actually believed she discovered something new? this smelled fishy from the beginning.

MPmaster
MPmaster

Such bullshit, she deserves prison.

Skullbone
Skullbone

I fucking knew this from the start, the way they paraded her around like jesus of technology. I don't care for her being some dumbass fall person though, she got her comeuppance and wall street kikes got a reminder that you don't push retardation too far.

SniperWish
SniperWish

So wait... a guy named Sunny was exaggerating the scope of partnerships? Sounds familiar....

Illusionz
Illusionz

successful
female
CEO
Pick 2.
There wasn't a successful female CEO ever. Every time a female CEO takes over the company sinks like a rock.

iluvmen
iluvmen

you're right most of the time, tho Indra is doing alright

Attached: file.png (91 KB, 275x226)

Need_TLC
Need_TLC

take over as CEO of a public company thats been around for 50 years and basically can't fail due to being a cultural icon
ok dude, literally all it takes to run pepsi is to chuck out ads lmao

Poker_Star
Poker_Star

Indra is doing alright
company slowly sinking during a bullrun
meanwhile Dr. Pepper went x3 in the last 5 years

Attached: pepsico.jpg (46 KB, 636x465)

SniperWish
SniperWish

her huge, empty eyes make me really uncomfortable. She looks like a psychopath

MPmaster
MPmaster

1 year chart
she was named ceo in 2006

Attached: file.png (65 KB, 1591x682)

girlDog
girlDog

fp, bp

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cum2soon
cum2soon

she looks like mark fuckerberg

idontknow
idontknow

Really? Not memeing here, has there seriously been no successful company under a female CEO. 20+ yr minimum, not exit scams.

Fried_Sushi
Fried_Sushi

Given what I know about what you actually learn in chemistry classes and what I know about her claims, the entire story of her dropping out to build a company around an amazing technology that she had developed was bogus. Her knowledge of chemistry in the area in which she claimed her invention would have been barely present and underdeveloped after only going to college for freshman year.

I don't know how so many people with so much money fell for this.

eGremlin
eGremlin

7 years still isn’t nearly fucking enough for what Martin Shkreli did.

Nojokur
Nojokur

Gr8 b8 m8

TreeEater
TreeEater

It wasn’t an aids drug you fucking mong at that isn’t what his trial was about
How did I know you were mad about that?

Nojokur
Nojokur

She was really interesting on the hidden brain podcast.

Fuzzy_Logic
Fuzzy_Logic

He's an asshole for hiking the price of a life saving drug egregiously high, and committed security and investment fraud.

Read about it for yourself, I’m not your errand boy.

en.m.wikipedia.org/wiki/Martin_Shkreli

It’s cute how your default position gravitates towards me hating him just for the hell of it, when he’s a well-known fraudster.

Nude_Bikergirl
Nude_Bikergirl

What the fuck is wrong with her face

Sharpcharm
Sharpcharm

Comparing to Shkreli she is honest. Why so large $500k penalty?

BunnyJinx
BunnyJinx

Every time.

Attached: Every-Time.png (684 KB, 1134x698)

SniperWish
SniperWish

good find, wew, that brand of yeast is a major one in the jewnited states. holmes comes from old money...
en.wikipedia.org/wiki/Fleischmann's_Yeast

Attached: Capture.png (190 KB, 1262x451)

DeathDog
DeathDog

women and pajeet executives
scam people

wow amazing next you'll say jews are con artists too

Playboyize
Playboyize

He gave it for free to people without insurance. Fucking read a little more faggot, I'm not your errand boy.

Sir_Gallonhead
Sir_Gallonhead

Go back to your reddit. Veeky Forums is not a place to defend that convicted fraudster, the evilest man on earth.

haveahappyday
haveahappyday

2018
still being this retarded

You'll never make it with such an ignorant mind, pleb

haveahappyday
haveahappyday

Only after the media came down on him. The SEC charges revealed internal e-mails that made it very clear he was purposefully exploiting the price hike for personal profit -- not to reinvest the majority into research, and not as some sort of assbackwards charity.

You're a naive knuckle-dragger for falling for his paper-thin excuses.

Illusionz
Illusionz

There is a deeper story than what MSM put out. The fact that every major news outlet instantly demonized him should tip you off, he wasn’t a guy stupid enough to antagonize big pharma for no reason, but he was stupid enough to get busted for defrauding, 7 years is witch hunt status though.

MPmaster
MPmaster

went to jail for ripping off the rich
price gouging a medication you have a monopoly on is ok
This is what is wrong with this country

Attached: AmericanOligarchs.jpg (103 KB, 828x960)

VisualMaster
VisualMaster

what a dream that would be

SniperWish
SniperWish

Only autistic commies would want the french revolution for the USA.

Illusionz
Illusionz

No successful female presidencies too. They've all been clusterfucks:
-Germoney (rapefugees)
-Brazil (impeachment lol)
-South Korea (impeachment lol)
-Argentina (poverty everywhere)

Did I forget any countries?

VisualMaster
VisualMaster

Yeah haha

Attached: 20180314-202936.png (718 KB, 1080x955)

happy_sad
happy_sad

Once again, some retard proves he knows nothing about what Shkreli did.

takes2long
takes2long

Did her sisters steal her ass?

Playboyize
Playboyize

South Korea

Evil_kitten
Evil_kitten

AMD

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likme
likme

oh wait she was not CEO for 20 years

oh well she was still in charge during their most successful period ever

Supergrass
Supergrass

Good eye what the fuck.

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