Federal prosecutors filed criminal charges against Theranos Inc. founder Elizabeth Holmes and the blood-testing company’s former No. 2 executive, alleging that they defrauded investors out of hundreds of millions of dollars and also defrauded doctors and patients.
The indictments of Holmes and Ramesh “Sunny” Balwani, Theranos’s former president and chief operating officer who was also Holmes’s boyfriend, are the culmination of a 2½-year investigation by the U.S. attorney’s office in San Francisco, sparked by articles in The Wall Street Journal that raised questions about the company’s technology and practices.
– Fox News
Will she ever do any actual jail time? Doubtful. But, how can you possibly pretend to have rule of law when this kind of stuff happens with MEDICAL TESTING/LAB RESULTS and nobody in government seems inclined to actually punish the guilty?