Theranos: The Rise and Fall of Elizabeth Holmes’ $9B Fraud
Автор: EVERYDAY CRIME 247
Загружено: 2026-01-06
Просмотров: 31
Описание:
In this documentary-style video, you’ll discover:
✅ How Elizabeth Holmes convinced the world’s smartest investors to fund fake technology
✅ The warning signs whistleblowers saw inside Theranos that everyone ignored✅ Why Walgreens and the U.S. military rejected Theranos blood testing devices
✅ How Wall Street Journal reporter John Carreyou exposed the $9 billion lie
✅ The shocking patient stories that proved Theranos put lives at risk
✅ Elizabeth Holmes’ 2022 fraud trial and 11-year prison sentence
✅ The dark truth about Silicon Valley’s “fake it till you make it” culture
THE THERANOS SCANDAL EXPLAINED:
From 2003 to 2018, Theranos raised over $700 million from investors while secretly using traditional blood testing machines instead of their proprietary technology. Elizabeth Holmes lied about military contracts, fabricated revenue numbers, and threatened whistleblowers who tried to expose the truth. When federal investigators finally shut down Theranos, the damage was done—patients had received inaccurate medical results that affected their health decisions.
📌 TIMESTAMPS:
0:00 - The $9 Billion Lie
0:15 - How Elizabeth Holmes Built Theranos
2:30 - The Dark Secret Behind the Technology
5:00 - The Whistleblower Who Exposed Everything
6:30 - Federal Prison: The Cost of Fraud
7:45 - The Real Lesson From Theranos
WHY THE ELIZABETH HOLMES STORY MATTERS:
Unlike financial frauds like Enron or Bernie Madoff’s Ponzi scheme, the Theranos scandal directly impacted patient healthcare. False blood test results aren’t just numbers on a balance sheet—they’re life-or-death medical decisions. This video explores how one entrepreneur’s ambition turned into criminal fraud that endangered real people.
KEY PLAYERS IN THE THERANOS FRAUD:
∙ Elizabeth Holmes (Founder & CEO - convicted of fraud)
∙ Ramesh “Sunny” Balwani (COO - convicted of fraud)
∙ Tyler Shultz (Whistleblower who exposed the fraud)
∙ John Carreyou (Wall Street Journal investigative reporter)
∙ George Shultz, Henry Kissinger (Board members who were deceived)
TIMELINE OF THE THERANOS COLLAPSE:
∙ 2003: Elizabeth Holmes founds Theranos at age 19
∙ 2013: Theranos valued at $9 billion
∙ 2014: Elizabeth Holmes worth $4.5 billion on paper
∙ 2015: WSJ exposé reveals technology doesn’t work
∙ 2016: Federal investigations begin
∙ 2018: Theranos shuts down completely
∙ 2022: Elizabeth Holmes convicted of wire fraud
∙ 2023: Holmes begins 11-year prison sentence
RELATED TOPICS:
Corporate fraud cases | Silicon Valley scandals | Healthcare technology fraud | Startup failure stories | White collar crime documentaries | Elizabeth Holmes trial | Theranos whistleblowers | Blood testing technology | Medical device fraud | Fake it till you make it culture | Female entrepreneur scandals | Billion dollar startup failures
#ElizabethHolmes #Theranos #CorporateFraud #SiliconValley #StartupScandal #TrueCrime #BusinessDocumentary #FraudCase #BloodTesting #Whistleblower #WhiteCollarCrime #BillionDollarScam #StartupFailure #HealthcareFraud #Documentary2025
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