Cyber Crime Junkies Start-Up Fraud Stories. How They Caught Elizabeth Holmes.
This is story of how they caught Elizabeth Holmes and the rise and fall of THERANOS. From youngest female billionaire to convict.
The technology never worked as promised. Was her intent to hope that the tech would “catch up” to what they had promised investors and regulators? Or had Theranos and Elizabeth Holmes crossed the line of NO return when they unleashed their tech through clinics treating patients with incorrect and wildly inaccurate test results?
You can decide for yourself after hearing what unfolds.
Takeaways
- The rise and fall of Elizabeth Holmes and Theranos is a cautionary tale about overselling and the dangers of lacking transparency in the tech industry.
- Investors should be cautious about investing in companies that refuse to provide audited financial statements and technical verifications.
- The case highlights the need for regulation and scrutiny in the healthcare industry, especially when it comes to medical testing and patient care.
- The story of Theranos serves as a reminder that data-driven decision-making and scientific validation are crucial in the development and implementation of new technologies.
Chapters
- 00:00 Introduction to the True Cybercrime Story of Elizabeth Holmes and Theranos
- 07:22 Elizabeth Holmes' Motives and Goals for Founding Theranos
- 09:46 The Rise of Theranos and Elizabeth Holmes
- 14:02 The Technology and Promises of Theranos
- 23:08 The Downfall of Theranos and Questions Raised
- 28:36 Investigations and Criminal Charges Against Theranos
- 29:32 The End of Theranos and Elizabeth Holmes' Legal Battles
- 38:30 Update on Elizabeth Holmes' Attempts to Dismiss the Case
- 45:55 Conclusion and Call to Action
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