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Theranos founder Elizabeth Holmes charged with $700m fraud
03-15-2018, 05:00 AM,
#1
Theranos founder Elizabeth Holmes charged with $700m fraud
Theranos founder Elizabeth Holmes charged with $700m fraud

<p>The founder of a US start-up that promised to revolutionise blood testing has agreed to settle charges that she raised over $700m (£500m) fraudulently. The Securities and Exchange Commission, a top US financial regulator, said Elizabeth Holmes and Theranos deceived investors about the firm's technology. Ms Holmes will lose control of the firm and be fined $500,000.</p>


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