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3 money lessons from infamous scam artists | J Mase III

TED Business

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The Scam of Elizabeth Holmes

Elizabeth Holmes started Theranos under the premise that they would be creating a device that could read hundreds of medical tests through a single drop of blood. For many people, and for many of them that came close to her, they could realize pretty quickly that what she was selling just wasn't real. In an unjust society, our social identities are often used as markers to decide whether we are worthy of being taken seriously or deserving of financial and other resources.

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