Disgraced Theranos founder Elizabeth Holmes indicted on criminal charges

Enlarge / Founder & CEO of Theranos, Elizabeth Holmes. (credit: Getty | Gilbert Carrasquillo)

Federal prosecutors have indicted Theranos founder Elizabeth Holmes and the company’s former president Ramesh “Sunny” Balwani with nine counts of wire fraud and two counts of conspiracy to commit wire fraud. Prosecutors claim that the pair defrauded investors, doctors, and patients while promoting and running their now disgraced blood-testing startup.

In the new court filing—submitted...

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