Indian-origin former Theranos executive sentenced to nearly 13 years in prison for fraudBalwani conspired to induce retail stores Walgreens and Safeway to invest in Theranos based on false pharmaceutical company endorsements an...
09 Dec, 2022, 12.49 AM IST
Ex-Theranos president Ramesh Balwani sentenced to nearly 13 years for fraudProsecutors said Balwani, 57, conspired with Holmes, 38, to deceive Silicon Valley investors into believing the company had achieved miniat...
08 Dec, 2022, 09.11 AM IST
Who is Elizabeth Holmes? Disgraced CEO who was sentenced to more than 11 years in prison for Theranos fraudElizabeth Holmes was very successful in securing funding from investors, but it was later discovered that she had lied about the technology...
19 Nov, 2022, 08.42 PM IST
Elizabeth Holmes' final verdict scheduled for Friday. Here are detailsTheranos founder Elizabeth Holmes, who is found guilty in many cases, including fraud, will be sentenced on Friday morning.
18 Nov, 2022, 08.00 PM IST
Theranos founder Elizabeth Holmes denied request for new trial, court filings showIn January, Elizabeth Holmes was found guilty of defrauding investors in the blood testing startup, convicting her on four of 11 counts.
08 Nov, 2022, 04.06 PM IST
Another Theranos trial begins, this time without the fanfareAt the heart of his trial is whether the government can prove that Balwani intended to defraud patients and investors with false claims abo...
23 Mar, 2022, 11.09 AM IST
The cryptocurrency space is tailor made for scams: The scams everyone must know aboutThe cryptocurrency space is tailor made for scams. If anyone believes that this Kerala ICO is an isolated case, is living in delusion. Whet...
18 Jan, 2022, 10.14 AM IST
Theranos verdict: Key moments from the Elizabeth Holmes trialA jury in the US found Theranos founder Elizabeth Holmes guilty of defrauding investors in the blood testing startup, convicting her on fou...
04 Jan, 2022, 06.22 PM IST
US jury finds Theranos founder Elizabeth Holmes guilty in fraud trialA US jury on Monday found Theranos founder Elizabeth Holmes guilty of conspiring to defraud investors in the blood testing startup, convict...
04 Jan, 2022, 08.13 AM IST
Fraud case against Theranos' Elizabeth Holmes goes to juryIn the final hours of a trial that has spanned three months, Assistant US Attorney John Bostic said Holmes embraced dishonesty in an attemp...
19 Dec, 2021, 07.45 AM IST
4 yrs, multiple delays and a baby later, Theranos's Elizabeth Holmes is finally going to trialHolmes’s case has been held up as a parable of Silicon Valley’s swashbuckling “fake it till you make it” culture.
31 Aug, 2021, 04.01 PM IST
This lab chief's testimony could upend Elizabeth Holmes's high-profile Theranos trialKingshuk Das, a former lab director for Theranos, has said he told Holmes that the company's blood-testing equipment was deficient and not ...
27 Aug, 2021, 09.08 AM IST
In Theranos fraud case, Holmes will be tried apart from ex-loverHolmes and Balwani are accused of lying for years, claiming Theranos machines could perform myriad tests with a single drop of blood. Prose...
23 Mar, 2020, 08.59 AM IST
Theranos founder Holmes, ex-president charged with fraudThe indictment came out moments after Theranos said Holmes would be stepping down as chief executive officer of the blood-testing company t...
16 Jun, 2018, 12.41 PM IST
Indian-American ex president, Theranos CEO charged with 'massive fraud'According to the SEC, Ramesh "Sunny" Balwani and the founder Elizabeth Holmes raised money by deceiving investors about the company's techn...
15 Mar, 2018, 11.33 AM IST
Elizabeth Holmes' 2-year ban leaves few options to save TheranosThe once high-flying Silicon Valley company was battered with sweeping sanctions from the Centers for Medicare and Medicaid Services, which...
09 Jul, 2016, 10.29 AM IST
Elizabeth Holmes: The youngest self-made woman billionaire you've never heard ofWith her start-up Theranos, she has solved the issue of being able to run multiple tests on a single drop of blood.
15 Aug, 2014, 12.40 PM IST