Theranos’ Appeal Not Enough to Cover Up Massive Alleged Fraud

Theranos’ Appeal Not Enough to Cover Up Massive Alleged Fraud

The Securities and Exchange Commission (SEC) charged Theranos, a Silicon Valley company founded on supposedly revolutionary, portable blood testing technology, its founder and CEO Elizabeth Holmes, and its former President Ramesh Balwani with fraud this week related to false statements and representations made while raising more than $700 million from investors.

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