Elizabeth Holmes reportedly steps down at Theranos after criminal indictment
Friday, 15 June 2018 Elizabeth Holmes has left her role as CEO of Theranos and has been charged with wire fraud, CNBC and others report. The company’s former president, Ramesh “Sunny” Balwani, was also indicted today by a grand jury. These criminal charges are separate from the civil ones filed in March by the SEC and already settled. There […]
Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company's former president were indicted on charges that they engaged in schemes to defraud investors, doctors and patients, the U.S. Justice Department announced on Friday. Havovi Cooper reports.
According to a report by Business Insider, the Department of Justice charged Theranos founder Elizabeth Holmes and former Theranos president Sunny Balwani with nine counts of wire fraud and two counts..