Theranos founder Elizabeth Holmes has managed to get some of allegations against her dropped.
A judge ruled on Tuesday that Holmes can't be pursued by federal prosecutors for allegedly defrauding patients and doctors with Theranos' faulty blood-testing machines. The dismissal only constitutes a small win for Holmes' lawyers, who had pushed to get all charges against the tech founder thrown out.Elizabeth Holmes, the founder behind infamous blood-testing startup Theranos, has managed to get some of the charges against her dropped.get all counts against Holmes thrown outHolmes was indicted along with Theranos president Ramesh "Sunny" Balwani in July 2018 after Theranos' spectacular collapse.
The pair were indicted on 11 counts of wire fraud and conspiracy to commit wire fraud for allegedly deceiving doctors, patients, and investors about the capabilities of the company's blood-testing tech.could result in a 20 year prison sentence for Holmes and Balwani if found guilty. It's unclear how the reduced counts will impact sentencing.
A federal judge ruled on Tuesday dismissed charges that Holmes and Balwani defrauded doctors and patients by offering the blood tests because the money for the tests came out of patients' insurance, and therefore meant the patients suffered no financial loss,
She’s got the same blank stare that Zuckerberg has. Creepy.