Lessons to learn from the Theranos investment fraud

Lessons to learn from the Theranos investment scandal

An interesting article in the San Diego Union-Tribune explores the issue of due diligence in the Elizabeth Holmes and Theranos investment fraud case. Author Neil Senturia offers amateur investors sound advice about the unregulated investment market. In his article, Senturia claims that: “… talking to a group of wealthy investors confirmed my suspicion that there…

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CEO Holmes found guilty of investor scam

High-profile CEO Elizabeth Holmes found guilty of fraud

Elizabeth Holmes has become the the latest high-profile CEO to be found guilty of an investor scam. The CEO and founder of blood testing start-up Theranos faces sentencing in September after committing two counts of wire fraud, and two counts of conspiracy to commit fraud. Aged 19, Holmes set out to create a cheaper, less…

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