SEC charges Theranos and CEO Elizabeth Holmes with ‘massive fraud’

March 14, 2018

The SEC has charged Theranos, Elizabeth Holmes and Ramesh "Sunny" Balwani with fraud relating to the startup's fundraising activities. The company, as well as CEO Holmes and former president Balwani are said to have raised more than $700 million from…
Source: Engadget | SEC charges Theranos and CEO Elizabeth Holmes with ‘massive fraud’