NewsBite

Fraudster Elizabeth Holmes isn’t fooling anyone (but she keeps trying)

Fraudster Elizabeth Holmes isn’t fooling anyone (but she keeps trying)

The Theranos founder understood that almost everyone – journalists, investors, patients, doctors – can be swayed by a pat narrative.

Benjamin Mazer

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Elizabeth Holmes isn’t fooling anyone. Well, almost anyone. The convicted fraudster and founder of the defunct medical start-up Theranos, is waiting to begin an 11-year sentence in federal prison.

She received this punishment for misleading investors about her lab-in-a-box technology, which she claimed could run hundreds of tests on a few drops of blood. In reality, when Theranos’ Edison device wasn’t exploding, it was delivering unreliable results to frightened patients. Holmes’ fall from grace – she was once the youngest self-made woman billionaire – has been described over and over again. But there’s still a little more blood left in this stone.

Loading...

Atlantic

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Healthcare & fitness

Fetching latest articles

Original URL: https://www.afr.com/companies/healthcare-and-fitness/fraudster-elizabeth-holmes-isn-t-fooling-anyone-but-she-keeps-trying-20230515-p5d8fs